by Sunday | Aug 3 | Economics WAEC
A. Two to twenty persons B. A minimum of seven shareholders C. A minimum of fifty and maximum of one hundred shareholders D. Two to fifty shareholders E. A maximum of fifty shareholders Correct Answer: Option B – A minimum of seven...
by Sunday | Aug 3 | Economics WAEC
A. Variable cost B. Average costs C. Marginal costs D. Total cost E. Fixed costs Correct Answer: Option E – Fixed costs
by Sunday | Aug 3 | Economics WAEC
A. Average product of the fixed factor B. Total product of the variable factor C. Total product of the fixed factor D. Marginal product of the variable factor E. Marginal product of the fixed factor Correct Answer: Option D – Marginal product of the variable...
by Sunday | Aug 3 | Economics WAEC
A. Salary negotiation B. Arbitration C. Collective bargaining D. Conciliation E. Reconciliation Correct Answer: Option C – Collective bargaining
by Sunday | Aug 3 | Economics WAEC
A. Labour and capital respectively B. Land only C. Capital only D. Labour and land respectively E. Land and capital respectively Correct Answer: Option E – Land and capital respectively
by Sunday | Aug 3 | Economics WAEC
A. More than doubled B. Less than doubled C. Doubled D. Unchanged E. Trebled Correct Answer: Option B – Less than doubled