A set of interdependent organizations involved in the process of making a product or service available for use or consumption by the consumer or business user is called a(n) ?
A. retailer
B. wholesaler
C. distribution channel
D. logistics
A. retailer
B. wholesaler
C. distribution channel
D. logistics
A. The interest rate at Which commercial banks lend to and borrow from each other
B. The interest rate the European Central Bank pays on reserves
C. The interest rates the public pays when borrowing from banks
D. The interest rates the European Central Bank charges on loans to banks
E. He interests rate banks pay on the public’s deposits
A. free trade area
B. customs union
C. common market
D. monetary union
A. it no longer needs any human capital
B. capital becomes more productive due to the “catch-up- effect”
C. none of these answers
D. it may be harder for it to grow quickly because of the diminishing returns to capital
A. Marginal cost is Rs20
B. Average cost rises
C. Variable cost rises by Rs200
D. Average fixed cost was Rs10originally
A. to main peace in the Middle East
B. access to the Mediterranean Sea
C. to reestablish the Byzantine Empire
D. The rich farmland of the Anatolian Plateau
A. Oligopoly
B. Monopoly
C. Oligopsony
D. Grey market