COMMERCE FORM 2

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TOPIC 4: WHOLESALE TRADE | COMMERCE FORM 2

Meaning of Wholesale Trade Define wholesale trade Wholesale trade is a form of trade in which goods are purchased and stored in large quantities and sold, in batches...

TOPIC 3: RETAIL TRADE | COMMERCE FORM TWO

Meaning of Retail Trade Define Retail Trade Retail trade is the sale of goods in small quantities to consumers. OR is a business activity involving buying goods and...

TOPIC 2: THE THEORY OF SUPPLY | COMMERCE FORM 2

Theory of Supply The Meaning of Supply Explain the meaning of supply What Is Supply? In economics, we have two forces: the producer, who makes things, and the...

TOPIC 1: THE THEORY OF DEMAND | COMMERCE FORM 2

Theory of Demand Demand is willingness (desire) and the ability to buy a certain quantity of a commodity at the going price at a specific period...

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