Business, 14.04.2021 17:30 shay68596

1.1 In a closed economy, goods and services are sold by ...
А
households and businesses.
businesses and foreign sectors.
households and taxation.
businesses and government
(2)
C
D
1.2
Refineries are businesses in the ... sector.
А
B
C
D
primary
secondary
tertiary
government
(2)
1.3
In the ... economic system, people have freedom of choice.
А
B
С
market
mixed
planned
traditional
(2)
1.4
The ... function receives, processes and stores information, letters, receipts,
and documents of the business.
А
B
C
human resource
production
administration
finance
(2):
1.5
An increase in the price of oranges will lead to alan ...
А
B
C
D
increase in the demand for oranges.
decrease in the demand for oranges.
increase in the quantity demand of oranges demanded.
decrease in the quantity of oranges demanded.
(2)
(10

Answers: 3

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1.1 In a closed economy, goods and services are sold by ...
А
households and businesses.<...

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