Which consumer right suggests that a consumer must be protected from goods and services hazardous to life and health?
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Hazardous solid waste includes A) household waste
B) industrial waste
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Example for hazardous solid waste A) Industrial and hospital waste
A) Industrial and hospital waste
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A flow factors of production from household sector to business and a flow of goods and services
Flow of Goods and services and factors of production across different sectors in a barter economy is known as real flow since there are only exchange of goods and services...
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Distinguish between Final Goods and Intermediate Goods.
Final goods refer to those goods which are used either for final consumption or for investment purposes. Whereas Intermediate goods refer to those goods which are used either for resale...
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How do Quaternary services differ from Tertiary services? Give three reasons why the service sector in developing and developed countries
The activities which involve intangible outputs and are relatively attached from material production such as the services of a technician or a teacher are referred to as Tertiary activities. The activities...
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How do Quaternary services differ from Tertiary services? Give three reasons why the service sector in developing and developed countries
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Identify the ‘Right’ under which she can be protected.
Right to safety.
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According to National Income Committee, NI is ………… (a) volume of goods and services
Correct option: (4) d
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Assertion (A) – National income is the flow concept. Reasoning (R) – It considers the production of goods and services in the economy during a year.
(i) Both (A) and (R) are true and (R) is the correct explanation of (A).
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Optional functions of Government. (a) Protection from external attack. (b) Provision of education and health services.
Correct option: (1) b and c
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