by Sunday | Aug 1 | Economics WAEC
A. the maximum use of resource to achieve minimum objectives B. the reduction of cost for adequate output C. relating value of input to that of output D. using appropriate resources for desired wants E. maximizing output from a given amount of resource Correct Answer:...
by Sunday | Aug 1 | Economics WAEC
A. cost-saving advantage a firm enjoys when by being close to other firms in the same industry B. disadvantage to a firm that is close to other firms C. economies of large scale production D. economies of low scale production E. artificial scarcity of goods Correct...
by Sunday | Aug 1 | Economics WAEC
A. real cost and money cost B. price and taxes C. fixed cost and variable cost D. average cost and marginal cost E. cost of raw materials and wages Correct Answer: Option C – fixed cost and variable cost
by Sunday | Aug 1 | Economics WAEC
A. a fall in output B. a decline in the efficiency of labour C. an increase output D. the separation of ownership from management E. an increase in unit cost Correct Answer: Option C – an increase output
by Sunday | Aug 1 | Economics WAEC
A. an excess demand B. an excess supply C. a surplus in the market D. many sellers in the market E. no seller in the market Correct Answer: Option A – an excess demand
by Sunday | Aug 1 | Economics WAEC
A. supplier sells all that he takes to the market B. consumers do not buy from the market C. quantity demanded falls as price falls D. purchase of services and not products is considered E. quantity demanded and price moves in opposite direction Correct Answer: Option...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.