by Sunday | Nov 8 | Economics WAEC
A. the demand curve will shift to the left while the supply curve will shift to the right B. supply curve will shift to the left C. supply curve will shift to the right D. demand curve will shift to the right while the supply curve remains unchanged Correct Answer:...
by Sunday | Nov 8 | Economics WAEC
A. shortage of commodities B. low retail prices C. hoarding of goods D. high retail prices Correct Answer: Option B B. low retail prices Explanation Middlemen’s intervention raises the price for consumers. The real profit goes to the middlemen who buy up the...
by Sunday | Nov 8 | Economics WAEC
A. is affected by extreme values B. can only be used for continuous data C. cannot be used to measure the qualities of a population D. cannot be determined in group data Correct Answer: Option A A. is affected by extreme values Explanation The important disadvantage...
by Sunday | Nov 8 | Economics WAEC
A. ownership of resources B. scarcity of resources C. method of decision making D. motivation for production Correct Answer: Option B B. scarcity of resources Explanation Economic systems are the means by which countries and governments distribute resources and trade...
by Sunday | Nov 8 | Economics WAEC
A. production is shifting to the left B. resources are under-utilized C. economic growth has taken place D. factors of production are moving outward Correct Answer: Option D Explanation Increases in the production possibilities curve are represented by shifts outward,...
by Sunday | Nov 8 | Economics WAEC
A. forest B. diamond C. roads D. crude oil Correct Answer: Option C C. roads Explanation Land, sometimes referred to as dry land, is the solid surface of Earth that is not permanently covered by water and is...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.