A hammer in the hands of a house-wife is a ______ good. (1) consumer (2) capital (3) free (4) intermediary

A hammer in the hands of a house-wife is a ______ good. (1) consumer (2) capital (3) free (4) intermediary
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(4) intermediary Explanation: Good is any tangible item, whether produced or found naturally and which is available for exchange. Free good is a good that is so abundant is supply that it has no opportunity cost, for example, air. Intermediary good is a firm's product that is used as an input into the production process of either the same firm or another.
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A hammer in the hands of a house-wife is a ______ good. (1) consumer (2) capital (3) free (4) intermediary

Description : A hammer in the hands of a house-wife is a ______ good. (1) consumer (2) capital (3) free (4) intermediary

Last Answer : intermediary

A camera in the hands of a professional photographer is a _____ good. (1) Free (2) Intermediary (3) Consumer (4) Capital

Description : A camera in the hands of a professional photographer is a _____ good. (1) Free (2) Intermediary (3) Consumer (4) Capital

Last Answer : (2) Intermediary Explanation: Good is any tangible item, whether produced or found naturally and which is available for exchange. Free good is a good that is so abundant is supply that it has no ... product that is used as an input into the production process of either the same firm or another,

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Description : A camera in the hands of a professional photographer is a _______ good. (1) Free (2) Intermediary (3) Consumer (4) Capital 

Last Answer : Intermediary

An intermediary between the producer and consumer is called 1. Middlemen 2. Agent 3. Broker 4. All of the above 5. None of these

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Last Answer : Middlemen

The following is an export intermediary: A. Export house B. Trading house C. A manufacturing exporter D. Merchant exporter.

Description : The following is an export intermediary: A. Export house B. Trading house C. A manufacturing exporter D. Merchant exporter.

Last Answer : A manufacturing exporter

The difference between the GNP and the NNP is equal to the - (1) consumer expenditure on durable goods (2) direct tax revenue (3) indirect tax revenue (4) capital depreciation

Description : The difference between the GNP and the NNP is equal to the - (1) consumer expenditure on durable goods (2) direct tax revenue (3) indirect tax revenue (4) capital depreciation

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Imputed gross rent of owner-occupied buildings is a part of - (1) capital formation (2) final consumption (3) intermediate consumption (4) consumer durable

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Core Industries are - (1) Basic industries (2) Consumer goods industries (3) Capital goods industries (4) Government industries

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What are Capital goods? a) Goods used for consumption in the production process b) Goods such as tools, machinery, etc which are used to create final consumer goods c) Goods and services that are consumed fully when purchased by the consumers d) None of the above

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Last Answer : Basic industries

Imputed gross rent of owneroccupied buildings is a part of (1) capital formation (2) final consumption (3) intermediate consumption (4) consumer durable

Description : Imputed gross rent of owneroccupied buildings is a part of (1) capital formation (2) final consumption (3) intermediate consumption (4) consumer durable

Last Answer : final consumption

The difference between the GNP and the NNP is equal to the (1) consumer expenditure on durable goods (2) direct tax revenue (3) indirect tax revenue (4) capital depreciation

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Which activity is not included in production? (1) Production of wheat by a farmer (2) Production of medicines by a company (3) Services given by a nurse in hospital (4) Services done by a house-wife in her own house

Description : Which activity is not included in production? (1) Production of wheat by a farmer (2) Production of medicines by a company (3) Services given by a nurse in hospital (4) Services done by a house-wife in her own house

Last Answer : (4) Services done by a house-wife in her own house Explanation: Services done by a house-wife in her own house are not included in production.

Which activity is not included in production ? (1) Production of wheat by a farmer (2) Production of medicines by a company (3) Services given by a nurse in hospital (4) Services done by a house-wife in her own house

Description : Which activity is not included in production ? (1) Production of wheat by a farmer (2) Production of medicines by a company (3) Services given by a nurse in hospital (4) Services done by a house-wife in her own house

Last Answer : Services done by a house-wife in her own house

Kevin tells his wife, Karen, that his last sales call of the day at DuPont was a disaster. He explains that he never really figured out what the purchasing agent was looking for. Karen, a sales trainer for another firm, hands Kevin a book on: A)improving listening skills B)overcoming objections. C)prospect evaluation. D)product demonstrations. E)closing the sales encounter..

Description : Kevin tells his wife, Karen, that his last sales call of the day at DuPont was a disaster. He explains that he never really figured out what the purchasing agent was looking ... listening skills B)overcoming objections. C)prospect evaluation. D)product demonstrations. E)closing the sales encounter

Last Answer : E)closing the sales encounter

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Description : What is the intermediary device between the CPU and the monitor?

Last Answer : Graphic

The practice of lending money to unrelated individuals, or “peers”, without going through a traditional financial intermediary such as a bank or other traditional financial institution is called__________ A. B2B transactions B. C2C transactions C. P2P lending D. PPP Model E. P2P Investing

Description : The practice of lending money to unrelated individuals, or “peers”, without going through a traditional financial intermediary such as a bank or other traditional financial institution is called__________ A. B2B transactions B. C2C transactions C. P2P lending D. PPP Model E. P2P Investing

Last Answer : C. P2P lending Explanation: P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders directly with borrowers.

What is the main function of a Sub Foreign Post Office?: (A) To send direct bags to foreign countries (B) To enable senders/addressees to present documents etc for the dispatch or release of their international articles (C) To function as an intermediary office for closed surface transit bags (D) To expedite the transmission of international mail

Description : What is the main function of a Sub Foreign Post Office?: (A) To send direct bags to foreign countries (B) To enable senders/addressees to present documents etc for the dispatch or ... as an intermediary office for closed surface transit bags (D) To expedite the transmission of international mail

Last Answer : (B) To enable senders/addressees to present documents etc for the dispatch or release of their international articles

Most, but not all, marketing channels have marketing intermediaries. A marketing intermediary, sometimes called a middleman 1. is always a wholesaler 2. links producers to other middlemen or the ultimate users of the products 3. always sells products to retailers 4. does not take title to products 5. none of these

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Last Answer : links producers to other middlemen or the ultimate users of the products

10. If you are using the JAX-RS Reference Implementation, this intermediary step will involve a tool called wsgen. a) True b) False

Description : 10. If you are using the JAX-RS Reference Implementation, this intermediary step will involve a tool called wsgen. a) True b) False

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The process of selling trade debts of a client to a financial intermediary is called______ a. Factoring b. Securitisation c. Materialisation

Description : The process of selling trade debts of a client to a financial intermediary is called______ a. Factoring b. Securitisation c. Materialisation

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Last Answer : D)usually represents people on a permanent basis, whereas a broker usually does so on a temporary basis.

If an intermediary wants to carry Tide detergent and Procter & Gamble agrees only if the supplier purchases P&G's entire line of detergents as well, the company is engaging in which of the following channel management practices? A)Exclusive dealing B)Dual distribution C)Tying agreement D)Refusal to deal E)Restricted sales territories

Description : If an intermediary wants to carry Tide detergent and Procter & Gamble agrees only if the supplier purchases P&G's entire line of detergents as well, the company is engaging in which of the ... A)Exclusive dealing B)Dual distribution C)Tying agreement D)Refusal to deal E)Restricted sales territories

Last Answer : C)Tying agreement

Most, but not all, marketing channels have marketing intermediaries. A marketing intermediary, sometimes called a middleman, A)is always a wholesaler. B)links producers to other middlemen or the ultimate users of the products. C)always sells products to retailers. D)does not take title to products.

Description : Most, but not all, marketing channels have marketing intermediaries. A marketing intermediary, sometimes called a middleman, A)is always a wholesaler. B)links producers to other middlemen or the ultimate users of the products. C)always sells products to retailers. D)does not take title to products.

Last Answer : B)links producers to other middlemen or the ultimate users of the products.

Tying agreements occur when a A)producer distributes the same product through two or more different channel structures. B)manufacturer forbids an intermediary to carry products of competing manufacturers. C)supplier furnishes a product to a channel member stipulating that the channel member must purchase other products as well. D)producer refuses to deal to channel members that seem unethical or illegitimate.

Description : Tying agreements occur when a A)producer distributes the same product through two or more different channel structures. B)manufacturer forbids an intermediary to carry products of competing manufacturers. C ... well. D)producer refuses to deal to channel members that seem unethical or illegitimate.

Last Answer : C)supplier furnishes a product to a channel member stipulating that the channel member must purchase other products as well.

Nike maintains a good deal of control over how its products are promoted, displayed, and sold. Because of this control, Nike would be appropriately described as the channel A)intermediary. B)leader. C)allocator. D)terminator. E)price leader.

Description : Nike maintains a good deal of control over how its products are promoted, displayed, and sold. Because of this control, Nike would be appropriately described as the channel A)intermediary. B)leader. C)allocator. D)terminator. E)price leader.

Last Answer : B)leader.

Ralph Lauren sells Polo products through department stores as well as in its own specialty shops. The designer uses __________ as a channel strategy. A)channel extension B)intermediary exclusion C)broker utilisation D)dual distribution E)channel diversification

Description : Ralph Lauren sells Polo products through department stores as well as in its own specialty shops. The designer uses __________ as a channel strategy. A)channel extension B)intermediary exclusion C)broker utilisation D)dual distribution E)channel diversification

Last Answer : D)dual distribution

When Sally buys Vortex using a channel with only one intermediary, that intermediary is classified as a A)retailer. B)wholesaler. C)broker. D)functional middleman. E)producer.

Description : When Sally buys Vortex using a channel with only one intermediary, that intermediary is classified as a A)retailer. B)wholesaler. C)broker. D)functional middleman. E)producer.

Last Answer : A)retailer.

In a simple economy of five producers and five consumers, there would be __________ transactions possible without an intermediary and __________ transactions possible with one intermediary. A)ten; twenty -five B)thirty; ten C)twenty -five; fifteen D)sixteen; eight E)twenty -five; ten

Description : In a simple economy of five producers and five consumers, there would be __________ transactions possible without an intermediary and __________ transactions possible with one intermediary. A)ten; twenty-five B)thirty; ten C)twenty-five; fifteen D)sixteen; eight E)twenty-five; ten

Last Answer : E)twenty-five; ten

__________ performs the function of an intermediary. A) Major term B) Middle term C) Minor term D) Copula.

Description :  __________ performs the function of an intermediary. A) Major term B) Middle term C) Minor term D) Copula.

Last Answer : B) Middle term

The fundamental assumption of experimental method is related with Options: A) Law of single variable B) Law of two variable C) Controlled conditions D) Intermediary variables

Description : The fundamental assumption of experimental method is related with Options: A) Law of single variable B) Law of two variable C) Controlled conditions D) Intermediary variables

Last Answer : A) Law of single variable 

Consumer's sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer's expenditures influence the allocation of resources. (4) consumer goods are free from government control,

Description : Consumer's sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer's expenditures influence the allocation of resources. (4) consumer goods are free from government control,

Last Answer : (1) consumers are free to spend their income as they like. Explanation: Consumer sovereignty means that buyers ultimately determine which goods and services remain in production. In unrestricted markets, ... to motivate producers. So ultimately it means how the consumers want to spend their incomes.

Consumer’s sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer’s expenditures influence the alloca tion of resources. (4) consumer goods are free from government control.

Description : Consumer’s sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer’s expenditures influence the alloca tion of resources. (4) consumer goods are free from government control.

Last Answer :  consumers are free to spend their income as they like.

The concept that under a system of free enterprise, it is consumers who decide what goods and services shall be produced and in what quantities is known as (1) Consumer Protection (2) Consumer’s Decision (3) Consumer Preference (4) Consumer’s Sovereignty

Description : The concept that under a system of free enterprise, it is consumers who decide what goods and services shall be produced and in what quantities is known as (1) Consumer Protection (2) Consumer’s Decision (3) Consumer Preference (4) Consumer’s Sovereignty

Last Answer : Consumer’s Sovereignty

Adam Smith called price mechanism as (a) Invisible hands ; (b) Consumer sovereignty ; (c) Consumer liberty ; (d) Price regulation

Description : Adam Smith called price mechanism as (a) Invisible hands ; (b) Consumer sovereignty ; (c) Consumer liberty ; (d) Price regulation

Last Answer : (a) Invisible hands ;

A pile is being driven with a drop hammer weighing 1800 kg and having a free fall of 1.00 m. If the penetration with last blow is 5 mm, the load carrying capacity of the pile, -according to the Engineering News formula, is (A) 100 tonnes (B) 50 tonnes (C) 20 tonnes (D) 10 tonnes

Description : A pile is being driven with a drop hammer weighing 1800 kg and having a free fall of 1.00 m. If the penetration with last blow is 5 mm, the load carrying capacity of the pile, -according to the Engineering News formula, is (A) 100 tonnes (B) 50 tonnes (C) 20 tonnes (D) 10 tonnes

Last Answer : (D) 10 tonnes

Pick up the correct statement from the following: (A) O.M.C. refers to the moisture corresponding to the maximum point on the moisture content dry density curve (B) The line which shows moisture content dry density relation for soil containing a constant percentage of air voids, is known as air void line (C) The free fall of hammer for compaction is 30.5 cm (D) All the above

Description : Pick up the correct statement from the following: (A) O.M.C. refers to the moisture corresponding to the maximum point on the moisture content dry density curve (B) The line which shows moisture content dry ... void line (C) The free fall of hammer for compaction is 30.5 cm (D) All the above

Last Answer : (D) All the above

Human beings used resources indiscriminately and this has led to the following major problems, What are these problems? (a) Not well planned use of these resources. (b) Wastage of resources. (c) Not many problems. (d) Accumulation of resources in few hands.

Description : Human beings used resources indiscriminately and this has led to the following major problems, What are these problems? (a) Not well planned use of these resources. (b) Wastage of resources. (c) Not many problems. (d) Accumulation of resources in few hands.

Last Answer : (d) Accumulation of resources in few hands.

Which factor is not responsible for Global ecological crisis? (a) Depletion of resources for satisfying the greed of few individuals. (b) Accumulation of resources in few hands. (c) Sustainable economic development. (d) Indiscriminate exploitation of resources.

Description : Which factor is not responsible for Global ecological crisis? (a) Depletion of resources for satisfying the greed of few individuals. (b) Accumulation of resources in few hands. (c) Sustainable economic development. (d) Indiscriminate exploitation of resources.

Last Answer : (c) Sustainable economic development.

The number of times a unit of money exchanges hands during a unit period of time is known as: a) velocity of circulation of money b) speed of circulation of money c) momentum of circulation of money d) count of circulation of money

Description : The number of times a unit of money exchanges hands during a unit period of time is known as: a) velocity of circulation of money b) speed of circulation of money c) momentum of circulation of money d) count of circulation of money

Last Answer : a) velocity of circulation of money

In your opinion, what is better for the economy: cheap consumer goods or having a lot of decent jobs available?

Description : In your opinion, what is better for the economy: cheap consumer goods or having a lot of decent jobs available?

Last Answer : answer:Without a job, even cheap consumer goods may be unobtainable. With a job, you may be able to buy consumer goods that don't break. That said, if you have a lot of desperate labor around, ... even more profit. So there's really no incentive to change it to benefit the little guy anytime soon.

Would it be possible to have a viable economic model that was not contigent on consumer spending? What would it look like?

Description : Would it be possible to have a viable economic model that was not contigent on consumer spending? What would it look like?

Last Answer : We had one before WWll. Watch thestoryofstuff.com.

Regulated markets aim at the development of the marketing structure to - (1) widen the price spread between the producer and the consumer (2) narrow down the price spread between the producer and the consumer (3) increase the non-functional margins of the traders (4) maximize the non-functional margins of the commission agents

Description : Regulated markets aim at the development of the marketing structure to - (1) widen the price spread between the producer and the consumer (2) narrow down the price spread between the producer ... non-functional margins of the traders (4) maximize the non-functional margins of the commission agents

Last Answer : (2) narrow down the price spread between the producer and the consumer Explanation: Regulated markets aim at the development of marketing structures to ensure remunerative prices to the producers and to ... the consumer. It also aims at reducing the non-functional margins of the commission agents.

Which among (he following is not the outcome of decrease in prime lending rate? (1) to raise the bank loan (2) decline in saving rate (3) decline in productivity (4) increased demand of consumer products

Description : Which among (he following is not the outcome of decrease in prime lending rate? (1) to raise the bank loan (2) decline in saving rate (3) decline in productivity (4) increased demand of consumer products

Last Answer : (3) decline in productivity Explanation: Prime rate or prime lending rate is a term applied in many countries to a reference interest rate used by banks. The term originally indicated the rate ... falls to meet the new lower demand. Less output requires fewer worker, driving unemployment higher.

The basis of determining dearness allowance to employees in India is - (1) National Income (2) Consumer Price Index (3) Standard of Living (4) Inflation Rate

Description : The basis of determining dearness allowance to employees in India is - (1) National Income (2) Consumer Price Index (3) Standard of Living (4) Inflation Rate

Last Answer : (2) Consumer Price Index Explanation: The Consumer Price Index Numbers for Industrial Workers CPI (1W) is utilized for fixation and revision of wages and determination of variable Dearness ... utilized as an indicator for measuring inflationary trend in the country and for policy formulations.

Which of the following brings out the 'Consumer Price Index Number' for Industrial workers? (1) RBI (2) The Labour Bureau (3) Commerce Department (4) NITI Aayog

Description : Which of the following brings out the 'Consumer Price Index Number' for Industrial workers? (1) RBI (2) The Labour Bureau (3) Commerce Department (4) NITI Aayog

Last Answer : (2) The Labour Bureau Explanation: The Consumer Price Index Numbers for Industrial Workers CPI (IW) are being compiled, maintained and disseminated by the Labour Bureau since its inception in October, 1946. ... of the economy. These index numbers are compiled by the Bureau on month to month basis.

The supply-side economics lays greater emphasis on - (1) Producer (2) Global economy (3) Consumer (4) Middle Man

Description : The supply-side economics lays greater emphasis on - (1) Producer (2) Global economy (3) Consumer (4) Middle Man

Last Answer : (1) Producer Explanation: Supply-side economics emphasizes economic growth achieved by tax and fiscal policy that creates incentives to produce goods and service. It lays great emphasis on entrepreneurs, investors and producers who are treated the prime movers on which the economy depends.

Other things being equal, a decrease in quantity demanded of a commodity can be caused by – (1) a rise in the price of the commodity (2) a rise in the income of the consumer (3) a fall in the price of a commodity (4) a fall in the income of the consumer

Description : Other things being equal, a decrease in quantity demanded of a commodity can be caused by – (1) a rise in the price of the commodity (2) a rise in the income of the consumer (3) a fall in the price of a commodity (4) a fall in the income of the consumer

Last Answer : (1) a rise in the price of the commodity Explanation: In economics, the law states that, all else being equal, as the price of a product increases, quantity demanded falls; likewise, as the price of a product decreases, quantity demanded increases.