A. highest point on the total revenue curve B. minimum point on the average revenue and the average cost curve…
A. tends to rise continuously B. remains constant C. rises and then falls D. tends to decreased continuously Correct Answer:…
A. an increase in output-input ratio B. a decrease in output-input ratio C. the constancy of input-output ratio D. an…
A. ambiguous B. oversimplified C. pessimistic D. optimistic Correct Answer: Option C - pessimistic
A. public service B. worker's union C. rate of inflation D. supply and demand for labour Correct Answer: Option D…
A. maximum population B. underpopulation C. overpopulation D. optimum population Correct Answer: Option B - underpopulation
A. manufacturers and consumers B. wholesalers and retailers C. consumers and wholesalers D. retailers and consumers Correct Answer: Option B…
A. contractionary fiscal policy B. contractionary trade policy C. expansionary fiscal policy D. expansionary monetary policy Correct Answer: Option A…
A. give protection to the CBN against fraud B. provide regulations guiding the finance houses C. give protection against fraud…
A. gentle and persistent increase in the general price level B. rapid and persistent increase in the general price level…