by Sunday | May 4 | Economics NECO
A. choice B. money cost C. opportunity cost D. scarcity E. scale of preference Correct Answer: Option D – scarcity
by Sunday | May 4 | Economics NECO
A. opportunity cost principle B. scarcity principle C. transferable output D. unattainable combination E. under utilization of resources Correct Answer: Option D – unattainable combination
by Sunday | May 4 | Economics NECO
A. Fixing of prices for farm produce B. Grading of farm produce C. Importation of farm produce D. Marketing of farm produce E. Price stabilization Correct Answer: Option C – Importation of farm produce
by Sunday | May 4 | Economics NECO
A. anti-dumping policies B. decreasing taxation on personal income C. granting subsidies to export producers D. increasing import duties E. removing export duties Correct Answer: Option B – decreasing taxation on personal...
by Sunday | May 4 | Economics NECO
A. absolute value of the standard deviation B. square of the standard deviation C. square root of the standard deviation D. square of the mean deviation E. square root of the mean deviation Correct Answer: Option B – square of the standard...
by Sunday | May 4 | Economics NECO
A. constant B. increasing C. maximum D. negative E. zero Correct Answer: Option D – negative