by Sunday | May 25 | Economics WAEC
A. the size of the market B. the productivity of capital C. cost of production D. the factors of production Correct Answer: Option A A. the size of the market
by Sunday | May 25 | Economics WAEC
A. variable proportion B. diminishing marginal returns C. internal economies of scales D. decreasing returns to scale Correct Answer: Option C C. internal economies of scales
by Sunday | May 25 | Economics WAEC
A. determines the price of the firms products B. increases the level of output of the firm C. leads to maximum satisfaction of the consumers D. guides firms in allocating scarce resources Correct Answer: Option D D. guides firms in allocating scarce...
by Sunday | May 25 | Economics WAEC
A. yields utility and commands a price B. is useful and occupies a space C. is in high demand and transferable D. has unlimited supply Correct Answer: Option A A. yields utility and commands a price
by Sunday | May 25 | Economics WAEC
A. private enterprises and the government B. private individuals C. the government only D. the workers and businessmen Correct Answer: Option A A. private enterprises and the government
by Sunday | May 25 | Economics WAEC
A. the government B. politicians C. private individuals D. the workers Correct Answer: Option C C. private individuals