by Sunday | May 25 | Economics WAEC
A. help to break the bulk B. finance producers C. increase prices D. provide after-sales services Correct Answer: Option C C. increase prices
by Sunday | May 25 | Economics WAEC
A. ease of entry B. small capital required C. limited entrepreneur skills needed D. tendency to become joint-stock companies Correct Answer: Option D D. tendency to become joint-stock companies
by Sunday | May 25 | Economics WAEC
A. commercialization B. nationalization C. privatization D. restructuring Correct Answer: Option C C. privatization
by Sunday | May 25 | Economics WAEC
A. unitary elastic B. inelastic C. infinitely elastic D. zero elastic Correct Answer: Option B B. inelastic
by Sunday | May 25 | Economics WAEC
A. availability of close substitutes B. number of producers C. government policy D. price of other commodities Correct Answer: Option A A. availability of close substitutes
by Sunday | May 25 | Economics WAEC
A. less than quantity demanded B. equal to the quantity demanded C. greater than quantity demanded D. equal to zero Correct Answer: Option C C. greater than quantity demanded