SLS ONLINE QUIZ COMPETITION  - SENIOR BUSINESS

SLS ONLINE QUIZ COMPETITION - SENIOR BUSINESS

8th Grade

30 Qs

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SLS ONLINE QUIZ COMPETITION  - SENIOR BUSINESS

SLS ONLINE QUIZ COMPETITION - SENIOR BUSINESS

Assessment

Quiz

Business

8th Grade

Medium

Created by

Atinuke Fasegha

Used 1+ times

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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following determinants of supply cannot be predicted easily?

Price of the commodity

New techniques of production

National emergencies

Mobility of labour

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A reserve is an amount---

set aside from profit for an unknown liability

of

loss from trading activities

of profit from trading activities

set aside from

profit for specific purpose

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following does not belong to the group?

A proprietor of a business

an

entrepreneur

An investor

A debtor

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One of the factors that make human capital efficient is ………

threat

training

penalty

none of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the quantity demanded of a commodity increases from 20 units to 30 units when

there is an increase in price from $4.00 to $5.00, the elasticity of demand is …

2.00

0.50

0.65

2.50

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Human capital productivity is influenced by ……..

price, cost and inflation

price, cost and trade

social, economic and political environment

social,

economic and cost

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following determinants of supply cannot be predicted easily?

Price of the commodity

New techniques of production

National emergencies

Mobility of labour

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