by Sunday | May 25 | Economics WAEC
A. greater than quantity supplied B. equal to quantity supplied C. less than quantity supplied D. equal to excess supply Correct Answer: Option B B. equal to quantity supplied
by Sunday | May 25 | Economics WAEC
A. price schedule B. supply schedule C. scale of preference D. demand schedule Correct Answer: Option B B. supply schedule
by Sunday | May 25 | Economics WAEC
A. choice B. effective demand C. joint demand D. wants Correct Answer: Option D D. wants
by Sunday | May 25 | Economics WAEC
A. the way of making more goods available in the market B. a policy of ensuring stable price in the market C. a general reduction in the price level D. effective working of the forces of demand and supply Correct Answer: Option B B. a policy of ensuring stable price...
by Sunday | May 25 | Economics WAEC
A. marginal utility B. total utility C. average utility D. variable utility Correct Answer: Option A A. marginal utility
by Sunday | May 25 | Economics WAEC
A. inadequate technology B. increasing rate of manpower production C. increased demand for local goods D. intervention of the government in business activities Correct Answer: Option A A. inadequate technology