by Sunday | Nov 10 | Economics WAEC
A. make very high profits B. employ many workers C. keeps its affair private D. produce on a very large high scale Correct Answer: Option C C. keeps its affair private
by Sunday | Nov 10 | Economics WAEC
A. cooperative societies B. nationalized industries C. joint stock companies D. pressure groups Correct Answer: Option B B. nationalized industries
by Sunday | Nov 10 | Economics WAEC
A. debentures B. cooperative loans C. shares D. bank loans Correct Answer: Option B B. cooperative loans
by Sunday | Nov 10 | Economics WAEC
A. is owned by the government B. sells its shares to members of the public C. operates as a government corporation D. is not legally recognized as a firm Correct Answer: Option B B. sells its shares to members of the public
by Sunday | Nov 10 | Economics WAEC
A. profit B. rent C. interest D. wage Correct Answer: Option B B. rent
by Sunday | Nov 10 | Economics WAEC
A. TC = FC – VC B. FC = TC + VC C. TC > FC + VC D. TC = FC + VC Correct Answer: Option D D. TC = FC + VC