question What is the primary function of the Central Bank in a country s commerce

What is the primary focus of the concept of "utility" in economics?

A. Market trends
B. The satisfaction or pleasure derived from consuming goods and services
C. International trade agreements
D. Consumer behavior

In commerce, what does the term "market segmentation" refer to?

A. A condition where consumers have similar preferences
B. Dividing a market into distinct groups with similar needs and characteristics
C. International trade agreements
D. Consumer protection laws

In commerce, what does the term "elasticity" refer to?

A. Consumer preferences
B. The responsiveness of quantity demanded to a change in price
C. International trade agreements
D. Government expenditure

In commerce, what does the term "venture capital" refer to?

A. Government subsidies
B. Start-up funding provided to new and high-potential businesses
C. Import and export taxes
D. International trade agreements

What is the primary focus of the concept of "time value of money" in finance?

A. Market trends
B. Evaluating investment opportunities over time
C. International trade agreements
D. Consumer behavior

In commerce, what does the term "oligopoly" signify?

A. A market structure with a single seller
B. A market structure with a few large sellers
C. A market structure with many small sellers
D. Government intervention in the market

What is the purpose of the Federal Trade Commission (FTC) in the United States?

A. Regulating international trade
B. Enforcing antitrust laws and protecting consumers
C. Managing fiscal policy
D. Controlling inflation

What is the significance of the Gross National Product (GNP) in commerce?

A. Measuring the total value of goods and services produced domestically
B. Evaluating consumer preferences
C. Monitoring international trade
D. Assessing government expenditure

What is the primary function of the International Chamber of Commerce (ICC)?

A. Regulating international trade
B. Promoting international business and trade
C. Managing fiscal policy
D. Controlling inflation

What is the purpose of the International Organization for Standardization (ISO) in commerce?

A. Regulating international trade
B. Developing and publishing international standards
C. Managing fiscal policy
D. Controlling inflation

Commerce MCQS - QUESTION DETAILS

Similar Questions

General

Computer Science