-4- 10. Which of the following statements is NOT true? Division of labour allows a worker to be employed in the occupation where his superiority is most marked encourages the use of specialised...

Can you answer questions 10,11,12,13,14 state why you chose those answers


Extracted text: -4- 10. Which of the following statements is NOT true? Division of labour allows a worker to be employed in the occupation where his superiority is most marked encourages the use of specialised machines is possible irrespective of the size of the market may lead to monotony of work A. В. С. D. [1] 11. Which of the following is NOT an influence on demand? A. income В. input prices preferences and tastes related goods С. D. [1] 12. Which of the following is NOT a direct determinant of supply? А. complements cost of production В. С. taxes D. technology [1] The market price of a product is $6 and the quantity demanded and supplied is 200. If the price rises to $7, the quantity demanded is 150, and the quantity supplied is 250, what will exist in the 13. market? excess demand 100 excess supply 100 shortage 50 surplus 50 А. В. С. D. [1] 14. Which of the following is NOT a structure of the population? age distribution geographical distribution local distribution A. В. С. D. sex distribution [1] 587110