by Sunday | Nov 10 | Economics WAEC
A. the supply is fixed B. land is mobile C. it is subject to diminishing returns D. land is heterogeneous Correct Answer: Option B B. land is mobile
by Sunday | Nov 10 | Economics WAEC
A. spends his income to maximize satisfaction B. is not influenced by advertisement C. behaves in a particular way all the time D. knows the price of all goods and buys the cheapest Correct Answer: Option A A. spends his income to maximize...
by Sunday | Nov 10 | Economics WAEC
A. increasing B. zero C. decreasing D. one Correct Answer: Option B B. zero
by Sunday | Nov 10 | Economics WAEC
A. Px = MUx B. Px ≥ MUx C. Px > MUx D. Px < MUx Correct Answer: Option A A. Px = MUx
by Sunday | Nov 10 | Economics WAEC
A. protect agricultural producers B. discourage agricultural producers C. lower the price of agricultural producers D. favour consumers Correct Answer: Option A A. protect agricultural producers
by Sunday | Nov 10 | Economics WAEC
A. stable B. falling C. rising D. getting stronger Correct Answer: Option B B. falling