by Sunday | May 23 | Economics WAEC
A. 50,000 people per square kilometre B. 0.2 million people per square kilometre C. 0.5 million people per square kilometre D. 2 million people per square kilometre Correct Answer: Option D D. 2 million people per square kilometre
by Sunday | May 23 | Economics WAEC
A. it makes labour force to be defective B. it brings higher wage rate C. it increases the size of labour force D. it reduces the size of labour force Correct Answer: Option D D. it reduces the size of labour force
by Sunday | May 23 | Economics WAEC
A. a product market B. a capital price market C. an imperfect market D. a perfect market Correct Answer: Option D D. a perfect market
by Sunday | May 23 | Economics WAEC
A. the goods are heterogenous B. there is preferential treatment C. there is a large number of buyers and sellers D. buyers and sellers are easily influenced Correct Answer: Option C C. there is a large number of buyers and...
by Sunday | May 23 | Economics WAEC
A. it can be managed without conflicts B. the sole proprietor raises money from the public C. it makes an increase in the volume of business possible D. there is no limit to the number pf people who may bring in capital Correct Answer: Option A A. it can be managed...
by Sunday | May 23 | Economics WAEC
A. P = AR < MR B. P > AR = MR C. P = MR < AR D. P = AR = MR Correct Answer: Option D D. P = AR = MR