In Terms of Geographic Dispersal, Which of the Following Statements

question 38

Multiple Choice

In terms of geographic dispersal, which of the following statements about business buyers is true?

• A) Business buyers are relatively evenly dispersed throughout the country.
• B) Business buyers tend to be concentrated in mining districts such as Western Australia, Northern Territory and far north Queensland.
• C) More than two- thirds of Australian business buyers are concentrated in Sydney and Melbourne.
• D) More than half of business buyers are concentrated in farming communities and regional centres.
• E) Business buyers are geographically concentrated along Australia's coastal districts.

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Definitions:

Liquidate

The process of converting assets into cash or equivalent by selling them, often used in the context of closing a business or paying off debts.

Profits

The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Oil Future Contract

A legal agreement to buy or sell a specific amount of crude oil at a predetermined price at a specified time in the future.

Spot Price

The existing cost at which an asset is available for immediate purchase or sale.