by Sunday | May 24 | Economics WAEC
A. a rise in price B. no change in price C. price fluctuation D. a fall in price Correct Answer: Option D D. a fall in price
by Sunday | May 24 | Economics WAEC
A. demand for the commodity will rise B. demand for the commodity will fall C. supply of the commodity will be constant D. supply of the commodity will fall Correct Answer: Option B B. demand for the commodity will fall
by Sunday | May 24 | Economics WAEC
A. marginal utility B. average utility C. fixed utility D. diminishing utility Correct Answer: Option A A. marginal utility
by Sunday | May 24 | Economics WAEC
A. that are generally in short supply B. that are no longer in demand C. whose demand falls as income increase D. whose price falls as demand increases Correct Answer: Option C C. whose demand falls as income increase
by Sunday | May 24 | Economics WAEC
A. marginal utility B. diminishing return C. total utility D. average utility Correct Answer: Option C C. total utility
by Sunday | May 24 | Economics WAEC
A. large firms B. retailer C. small firms D. wholesaler Correct Answer: Option A A. large firms