by Sunday | May 23 | Economics WAEC
A. the law of variable proportions B. increasing returns to scale C. decreasing use of inputs D. change output during the production period Correct Answer: Option A A. the law of variable proportions
by Sunday | May 23 | Economics WAEC
A. adequate tools to work with B. high level of employment C. limited vacancies D. government restrictions Correct Answer: Option A A. adequate tools to work with
by Sunday | May 23 | Economics WAEC
A. optimally B. efficiently C. inefficiently D. maximally Correct Answer: Option C C. inefficiently
by Sunday | May 23 | Economics WAEC
A. insurance B. petroleum C. commerce D. tourism Correct Answer: Option B B. petroleum
by Sunday | May 23 | Economics WAEC
A. agent B. wholesaler C. consumer D. distributor Correct Answer: Option B B. wholesaler
by Sunday | May 23 | Economics WAEC
A. average product is maximum B. Average product is minimum C. Marginal Product is maximum D. Marginal Product is increasing Correct Answer: Option D D. Marginal Product is increasing