Which of the Following Statements About Referendums Is NOT Correct

question 2

Multiple Choice

Which of the following statements about referendums is NOT correct?

• A) Switzerland sees by far the highest number of referendums in Europe.
• B) Citizen's initiatives are more common than other referendums.
• C) Since 1990, the number of initiatives and referendums has increased.
• D) The referendum in the UK about leaving the European Union was a consultative referendum and therefore technically not binding on the government.

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Definitions:

Retailer

A business or individual that sells goods to the public in relatively small quantities for use or consumption rather than for resale.

Manufacturer

A person or company that makes goods for sale, especially on a large scale, involving processes such as designing, testing, and mass-producing products.

Fixed Cost

Expenses that do not change with the level of goods or services produced over the short term, such as rent, salaries, and insurance.

Holding Cost

The expenses incurred for storing and maintaining inventory, including warehousing, insurance, and depreciation costs.