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Fundamentals of Business Economics Questions and Answers

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Question 1

Which of the following is a primary objective of a not-for-profit organisation?

Options:

To satisfy the needs of a particular sector of society

To maintain the growth of the organisation.

To make a profit.

To continue to exist.

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Question 2

The graph shows house prices in Lingford, a large urban town in a prosperous region.

Which of the following would be the equilibrium price for houses in Lingford?

Options:

£390,000

£400,000

£410,000

Question 3

Atu, a new social media platform, has launched an advertising campaign directed at areas of Country X where there is a higher proportion of young people than elsewhere.

Which source is most likely to have been used by Atu to acquire this data?

Options:

Demographic statistics published in a census

The l{ addresses of computers in these areas

The level of youth unemployment as recorded by the government

The prominence of other brands focused on young people in the area

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BA1 Exam Dumps : Fundamentals of Business Economics

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Fundamentals of Business Economics Questions and Answers

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CompTIA

Fortinet

Microsoft

Salesforce