by Sunday | Jan 2 | Economics WAEC
A. Education and training B. Provision of welfare service C. Race and colour of workforce D. Quality of other factor inputs Correct Answer: Option C – Race and colour of workforce Explanation The factors affecting the efficiency of labour are: – Level of...
by Sunday | Jan 2 | Economics WAEC
A. an excessive budget deficit B. a reduction in standard of living C. a wider market for goods and services D. a higher dependency ratio Correct Answer: Option C – a wider market for goods and services Explanation The positive effect of the large population is...
by Sunday | Jan 2 | Economics WAEC
A. grant credit to the wholesaler B. break bulk and sell products in small units C. reduce cost of distribution D. generate demand for products through advertisement Correct Answer: Option B – break bulk and sell products in small units Explanation The primary...
by Sunday | Jan 2 | Economics WAEC
A. providing research facilities B. purchasing raw materials C. designing the product D. breaking the bulk Correct Answer: Option D – breaking the bulk Explanation The middlemen plays the role of an intermediary in a distribution or transaction chain who...
by Sunday | Jan 2 | Economics WAEC
A. variable cost B. fixed cost C. total cost D. marginal cost Correct Answer: Option B – fixed cost Explanation A firm that shut down will earn zero revenue and its variable cost of producion is also zero, so the firm’s total cost of production is equal to...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.