by Sunday | May 28 | Economics WAEC
A. provide basic amenities for the people B. make goods available in the market C. make profit for the government D. compete with foreigners in the industrial sector Correct Answer: Option A A. provide basic amenities for the...
by Sunday | May 28 | Economics WAEC
A. Total cost (TC) B. Total Fixed Cost (TFC) C. Variable cost (VC) D. Average Variable Cost (AVC) Correct Answer: Option D D. Average Variable Cost (AVC)
by Sunday | May 28 | Economics WAEC
A. administrative economies B. market economies C. regional economies D. horizontal economies Correct Answer: Option B B. market economies
by Sunday | May 28 | Economics WAEC
A. total product B. average product C. marginal product D. fixed product Correct Answer: Option B B. average product
by Sunday | May 28 | Economics WAEC
A. 70 B. 74 C. 76 D. 86 Correct Answer: Option B B. 74 Explanation Qs + 70 + 1/2 P, when price is 8 Qs = 70 + (1/2 x 8) Qs = 70 + 4 Qs = 74
by Sunday | May 28 | Economics WAEC
A. Percentage B. graph C. variance D. Median Correct Answer: Option D D. Median