by Sunday | May 25 | Economics WAEC
A. excess demand B. excess supply C. equilibrium quantity D. equilibrium price Correct Answer: Option A A. excess demand
by Sunday | May 25 | Economics WAEC
A. wholesalers B. consumers C. retailers D. manufacturers Correct Answer: Option B B. consumers
by Sunday | May 25 | Economics WAEC
A. buys in large quantities B. hoards goods C. grants credit to the retailers D. sells varieties of goods Correct Answer: Option B B. hoards goods
by Sunday | May 25 | Economics WAEC
A. reduced labour force B. rise in price of commodities C. reduced infrastructures D. neglect of agriculture Correct Answer: Option A A. reduced labour force
by Sunday | May 25 | Economics WAEC
A. birth rate less death rate B. death rate less migration C. death rate plus birth rate D. birth rate plus migration Correct Answer: Option A A. birth rate less death rate
by Sunday | May 25 | Economics WAEC
A. expenditure is more than revenue B. competitors charge lower prices C. costs per unit output falls D. quantity of output reduces Correct Answer: Option C C. costs per unit output falls