State True or False

(i) Trade includes buying and selling of goods and services.

(ii) Profit leads to increase in overall efficiency of the organisation.

(iii) Plant nursery is an example of extractive industry.

(iv) Industry creates form utility.

(v) Retailer is the link between manufacturer and wholesaler.

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1 Answers

(i) True

(ii) True

(iii) False

(iv) True

(v) False

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