A. utilize local raw materials B. employ an increase in the number of labour C. provide recreational facilities D. use…
A. overdependence on the oil sector B. inadequate number of unskilled labour C. lack of raw materials D. inadequate infrastructural…
A. extraction of resources in their raw states B. the operation of small scale enterprises C. the economic activities of…
A. elastic B. inelastic C. unitary elastic D. perfectly elastic Correct Answer: Option A - elastic
A. the seasonal nature of the commodities B. high price of the commodities C. the changing tastes of consumers D.…
A. efficiency B. marketing trade C. indigenization D. foreign trade Correct Answer: Option A - efficiency
A. number of shares held B. status of the member C. equality of members D. management's decision Correct Answer: Option…
A. falling B. rising C. equal to zero D. maximum Correct Answer: Option A - falling
A. marginal cost be equal to total revenue B. marginal cost and marginal revenue be equal C. costs are mutually…
A. slope of the tangent to the curve at any given output B. U-shaped curve cutting the total cost curve…