Concept of Business Economics was given by

Which one of the following is incorrect about Business Economics?

__________ defined Business Economics in terms of the use of eco-nomics analysis in the formulation of business policies.

Business Economics is essentially a component of __________ as it includes application of selected quan-titative techniques.

Which of the following is not included in Economics?

Which one of the following set of Commodities represents Complementary goods?

________ are those goods which are consumed together or simultaneously.

When two commodities are complementary, a fall in the price of one (other things being equal) will cause the demand for the other to ________.

Two Commodities are called ________ when they satisfy the same want and can be used with ease in place of one another.

There is a ________ relation between the demand for a product and the price of its substitutes.

Which of the following is not a characteristic of labour?

The labour power or efficiency of labour depends upon the ________

Labour is highly perishable in the sense that ________.

Without the active participation of labour, land and capital may not produce anything. It means labour is factor.
Passive

Human capital refers to

Secular period is also known as __________.

Stock exchange market is an example of __________.

The market for ultimate consumer is known as:

__________ are those markets in which firm buy the resources they need (Land, Labour, Capital and entrepreneurship) to produce goods and services.

When the commodities are sold in small quantities, it is called as __________.