11. A cocoa plantation in Muyuka takes over a chocolate manufacturer in Douala This
is an example of:
a) Backward vertical integration
b) Horizontal integration
c) Diversification
d) Forward vertical integration
12. A country has a population 20 million; 10 million is in the working age group while
8 million is in is the labor force. What is the activity rate?
a) 80%
b)40%
c)50%
d)4%
13. Under which of the following will you classify BICEC Bank in Cameroon?
a) A state corporation
b) A private limited company
c) A multi —
national corporation
d) A public limited company
l4.Which ofthe following is the best location for a footloose industq"?
a) Near the market
13) Proximity to source of raw material
c) Proximity to source of power
d) All of them
15. In which of the following would you expect any normal profits in the long run?
a) In the market where price falls as output increases
b) In the market where price increases as output increases
c) In the market where price is constant as output increases
d) In the market where price falls as the output decreases