Economics Past Questions and Answers

Which of the following is NOT a function of the wholesaler in the distributive channel?

A business organization set up for the mutual benefits of member with similar interest is known as ____________

A development planning which takes a long range view of the economy and covers a period of 10-20 years is regarded as ____________

When Elasticity of Demand is greater than one, the demand is ____________

An inflation which occurs as a result of increase in production cost is known as ____________