Year 9 - BST - 22.5.14

Thai Sikh International School

E-Learning Programme – Online Assignment –  22/05/2014

Name :                                                                                                            Subject : Economics

      Year   :  9 A/B                                                                                                Week  No. :  13

Define the following terms:

a)      Short Run

  

b)      Internal Economies of scale

  

c)      Consumption

  

d)      Sole trading business

2. Explain the disadvantage of unlimited liability to sole trading business and partnership