What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security ?

Related Mcqs:

“Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the_________________?

A. Law of diminishing return B. Law of supply C. Law of demand D. Law of supply and demand...

What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want ?

A. Services B. Goods C. Commodities D. Goods or commodities...

Under the depletion allowance method in computing depreciation, the depletion charge is equal to either ________________ which ever is smaller ?

A. Fixed percentage of gross income or the net taxable income B. Fixed percentage of gross income or 50% of the net taxable income C. 50% of the fixed percentage of gross income or 50% of the net taxable income D. 50% of the fixed percentage of gross income or the net taxable income...

What stock represents ownership and enjoys certain preferences than ordinary stock ?

A. Authorized stock B. Preferred stock C. Incorporator’s stock D. Presidential stock...

The financial health of the company is measured in terms of______________?

A. Liquidity B. Solvency C. Relative risk D. All of the above...