Part of a company's authorised capital that is offered to the public for subscription is known as

Here are the solutions to the questions: 1) Part of a company's authorised capital that is offered to the public for subscription is known as C. issued capital. Issued capital is the portion of the authorized capital that a company offers to the public for subscription. The correct answer is C 2) A market structure in which there is only one buyer and many sellers is A. monopsony. A monopsony is a market structure characterized by a single buyer for a particular good or service, with many sellers. The correct answer is A 3) The average total costs of the firm at the output level 20 kg is Step 1: Identify Total Cost (TC) from the graph at 20 kg output. From Figure 1, at an output of 20 kg, the Total Cost (TC) is 9000 FCFA. Step 2: Calculate Average Total Cost (ATC). Average Total Cost (ATC) is calculated as Total Cost (TC) divided by the Output. ATC = TCOutput = 9000 FCFA20 kg = 450 FCFA/kg The correct answer is A. 450 FCFA 4) The best location factor for an industry producing 'bulky and heavy products' is proximity to the source of B. raw material. For industries dealing with bulky and heavy raw materials, locating near the source minimizes transportation costs, which are a significant component of total costs. The correct answer is B 5) The problem of the barter system which is solved by standard of deferred payment is B. difficulty of making future payments. The standard of deferred payment function of money allows for debts and future payments to be easily settled, which is a major challenge in a barter system where goods may not retain their value or be easily divisible over time. The correct answer is B 6) Wholesale trade and retail trade belong to the C. tertiary sector. The tertiary sector of the economy involves the provision of services, which includes activities like wholesale and retail trade, transportation, banking, and education. The correct answer is C 7) In a circular flow of national income, factor incomes flow from B. firms to household. Households provide factors of production (land, labor, capital, entrepreneurship) to firms, and in return, firms pay factor incomes (rent, wages, interest, profit) to households. The correct answer is B 8) An increase in supply can be caused by an increase in D. subsidies. Subsidies reduce the cost of production for firms, making it more profitable to produce, thus leading to an increase in supply. The correct answer is D 9) Mass unemployment can likely be remedied by reducing C. direct and indirect taxes. Reducing direct taxes increases disposable income, boosting consumption, while reducing indirect taxes lowers production costs, encouraging firms to produce more and potentially hire more workers. Both stimulate economic activity and can reduce unemployment. The correct answer is C 10) A public company issues 500, 8% preference shares at 1000 FCFA each and 300 ordinary shares at 1000 FCFA each. If 200,000 FCFA is available for distribution, what is ordinary shareholder's profit? Step 1: Calculate the total value of preference shares. Value of preference shares = 500 shares × 1000 FCFA/share = 500,000 FCFA Step 2: Calculate the dividend payable to preference shareholders. Preference dividend = 8\% × 500,000 FCFA = 0.08 × 500,000 FCFA = 40,000 FCFA Step 3: Calculate the profit available for ordinary shareholders. The preference shareholders are paid first. The remaining amount is for ordinary shareholders. Ordinary shareholder's profit = Total available for distribution - Preference dividend Ordinary shareholder's profit = 200,000 FCFA - 40,000 FCFA = 160,000 FCFA The correct answer is B. 160,000 FCFA 11) The aim of regional policy is to C. reduce urban congestion. Regional policy aims to address economic imbalances between different regions, often by promoting development in less developed areas to reduce over-concentration of population and economic activity in major urban centers, thereby reducing urban congestion. The correct answer is C 12) When the numerical value of elasticity of demand is 0.8, supply is said to be A. inelastic. If the numerical value of elasticity of demand is 0.8