EWT | Academic Question

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Question (11)
QN0021846
A farm reduces its workforce from 50 workers to 35 workers after introducing more machines. This indicates
  • (A) Increased dependence on labour
  • (B) Reduced role of technology
  • (C) Lower dependence on labour due to machinery
  • (D) Elimination of capital

Correct Answer: C
Explanation:

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Question (12)
QN0021847
Which technology is mentioned as helping revive dying textile art forms?
  • (A) Robotics
  • (B) GPS
  • (C) 3-D Printing
  • (D) Satellites

Correct Answer: C
Explanation:

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Question (13)
QN0021848
A textile unit produced 400 handloom-style products monthly. After using 3-D printing, output became 1000 products. Increase in output is
  • (A) 500
  • (B) 550
  • (C) 600
  • (D) 650

Correct Answer: C
Explanation:

1000 − 400 = 600

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Question (14)
QN0021849
Production inputs are often available at
  • (A) One location only
  • (B) Different geographic locations
  • (C) Government offices only
  • (D) Urban areas only

Correct Answer: B
Explanation:

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Question (15)
QN0021850
Businesses combine inputs from different places mainly to
  • (A) Reduce product quality
  • (B) Access varied production inputs
  • (C) Increase taxes
  • (D) Avoid production

Correct Answer: B
Explanation:

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Question (16)
QN0021851
Geographic interconnectedness helps businesses by providing access to
  • (A) Only labour
  • (B) Only machinery
  • (C) Varied inputs
  • (D) Only natural resources

Correct Answer: C
Explanation:

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Question (17)
QN0021852
The supply chain is best described as a
  • (A) Type of machine
  • (B) Government department
  • (C) Network involved in production and sale of goods
  • (D) Financial institution

Correct Answer: C
Explanation:

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Question (18)
QN0021853
Which of the following is NOT a component of a supply chain?
  • (A) Organisations
  • (B) Resources
  • (C) Activities
  • (D) Weather alone

Correct Answer: D
Explanation:

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Question (19)
QN0021854
A company receives components from four cities. Due to disruption in one city, production stops. This highlights the importance of
  • (A) Entrepreneurship only
  • (B) Supply chains
  • (C) Advertising
  • (D) Tax collection

Correct Answer: B
Explanation:

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Question (20)
QN0021855
During the COVID-19 pandemic, many production activities were affected mainly because of
  • (A) Excess labour
  • (B) Supply chain disruptions
  • (C) Excess profits
  • (D) Too much technology

Correct Answer: B
Explanation:

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