by Sunday | May 24 | Economics WAEC
A. is owned by the government B. operates as a public corporations C. is run by the public D. sells its shares to members of the public Correct Answer: Option D D. sells its shares to members of the public
by Sunday | May 24 | Economics WAEC
A. cost of good multiplied by the quantity sold B. price of goods multiplied by the quantity sold C. quantity of goods plus purchase price D. quantity supplied less quantity sold Correct Answer: Option B B. price of goods multiplied by the quantity...
by Sunday | May 24 | Economics WAEC
A. expenditure on raw materials B. expenditure on fuel C. expenditure on power D. rent on land Correct Answer: Option D D. rent on land
by Sunday | May 24 | Economics WAEC
A. opportunity cost of producing one commodity for another B. opportunity cost of producing two commodities at a time C. sales of the plants to other investors D. decrease in the cost of production Correct Answer: Option A A. opportunity cost of producing one...
by Sunday | May 24 | Economics WAEC
A. expensive B. variable C. durable D. fixed Correct Answer: Option B B. variable
by Sunday | May 24 | Economics WAEC
A. they usually produce goods for the dependants B. they provide after-sales service only to the rich C. the price of their products are fixed D. they render personalized service to the consumers Correct Answer: Option D D. they render personalized service to the...