by Sunday | Nov 8 | Economics WAEC
A. Seller is allowed to fix his own price B. Buyers and sellers are price takers C. New entrances are restricted D. There is only one seller of the commodity Correct Answer: Option B B. Buyers and sellers are price takers
by Sunday | Nov 8 | Economics WAEC
A. common market B. imperfect market C. supermarkets D. market failure Correct Answer: Option B B. imperfect market
by Sunday | Nov 8 | Economics WAEC
A. stable B. high C. zero D. constant Correct Answer: Option C C. zero
by Sunday | Nov 8 | Economics WAEC
A. state of technology B. quantity of inputs C. quality of inputs D. price of output Correct Answer: Option D D. price of output
by Sunday | Nov 8 | Economics WAEC
A. constant B. at a maximum C. increasing D. decreasing Correct Answer: Option D D. decreasing
by Sunday | Nov 8 | Economics WAEC
A. barter trade B. stock exchange C. foreign trade D. internal trade Correct Answer: Option A A. barter trade