by Sunday | May 23 | Economics WAEC
A. composite supply B. joint supply C. competitive supply D. short-run supply Correct Answer: Option C C. competitive supply
by Sunday | May 23 | Economics WAEC
A. exceptional demand B. derived demand C. competitive demand D. joint demand Correct Answer: Option A A. exceptional demand
by Sunday | May 23 | Economics WAEC
A. competitive demand B. complementary demand C. composite demand D. joint demand Correct Answer: Option B B. complementary demand
by Sunday | May 23 | Economics WAEC
The demand and supply function of a commodity is given as below. Qd = 20 – 2p Qs = 6p – 12 A. 2 Naira B. 4 Naira C. 6 Naira D. 20 Naira Correct Answer: Option B B. 4 Naira
by Sunday | May 23 | Economics WAEC
A. protect the interest of the owners B. promote exports C. provide infrastructure D. maximize profits Correct Answer: Option D D. maximize profits
by Sunday | May 23 | Economics WAEC
A. market economy B. socialist economy C. welfare economy D. Traditional economy Correct Answer: Option B B. socialist economy