by Sunday | May 24 | Economics WAEC
A. indigenization B. joint venture C. commercialization D. foreign investment Correct Answer: Option B B. joint venture
by Sunday | May 24 | Economics WAEC
A. former owners are removed without compensation B. it has the right o draw on state funds for capital investment C. it must break even within a specific period D. workers take control of the firm Correct Answer: Option B B. it has the right o draw on state funds for...
by Sunday | May 24 | Economics WAEC
A. many sellers B. Homogenous commodity C. a single seller D. Perfect knowledge Correct Answer: Option C C. a single seller
by Sunday | May 24 | Economics WAEC
A. natural barriers to entry B. legal barriers to entry C. illegal barriers to entry D. unnatural barriers to entry Correct Answer: Option B B. legal barriers to entry
by Sunday | May 24 | Economics WAEC
A. consumers increasing their demand for the product B. consumers’ demand for the product remaining unchanged C. consumers shifting completely to substitute products D. suppliers increasing the supply of the product Correct Answer: Option C C. consumers shifting...
by Sunday | May 24 | Economics WAEC
A. inferior goods B. substitutes C. complements D. free goods Correct Answer: Option B B. substitutes