The role of commerce in the process of production is to make:

1. direct services reach ultimate consumers
2.  distribution of goods and services to retailers
3.  distribution of goods and services to wholesalers
4. goods and services produced to reach ultimate consumers

 When there is an increase in supply, the supply curve always shifts.

1.  downwards
2. from left to right
3.  from right to left 
4. upwards

(iii)      Goods produced create utility when they:

1. are stored in a warehouse
2.    reach the final consumers
3.   reach the manufacturers shop
4. reach the retail shop

(iv)      ... ... ... includes all the activities necessary in bringing goods and services into the market:

1.   market event
2.  marketing
3. market research 
4. market price

(v)       One of the following is the quality of the retailer:

1.   being honest
2.  making payments
3.  producing goods
4. transporting goods

(vi)      A profit percentage which is calculated on sales is called:

1. gross profit
2. margin
3. mark up
4. net profit

(vii)    The art of transmitting information and ideas by word of mouth, writing or by other means is called:

1.  advertising
2.  communication
3. insurance 
4. transport

(viii)   Portability can be defined as ability to:

1.   carry things easily
2.  keep things
3.   pull things easily
4.  store things

(ix)      A document which contains a list of goods offered for sale by traders is called:

1.  an invoice
2.  an order
3.  catalogue 
4.  price tag

(x)       Steps through which goods reach the consumers are termed as:

1.  chain of distribution 
2. chain of production
3.  means of carriage
4.  means of production