by Sunday | Nov 10 | Economics WAEC
A. Monopoly B. Duopoly C. Oligopoly D. Monopsony Correct Answer: Option A A. Monopoly
by Sunday | Nov 10 | Economics WAEC
A. perfect competition B. monopoly C. oligopoly D. imperfect competition Correct Answer: Option A A. perfect competition
by Sunday | Nov 10 | Economics WAEC
A. less than normal profit B. greater than normal profit C. equal to the super-normal profit D. less than the super-normal profit Correct Answer: Option A A. less than normal profit
by Sunday | Nov 10 | Economics WAEC
A. variable inputs B. factors of production C. capital for production D. fixed inputs Correct Answer: Option B B. factors of production
by Sunday | Nov 10 | Economics WAEC
A. Variable cost B. marginal cost C. total cost D. fixed cost Correct Answer: Option D D. fixed cost
by Sunday | Nov 10 | Economics WAEC
A. primary production B. secondary production C. tertiary production D. industrial production Correct Answer: Option A A. primary production