economics

Use the diagram above to answer this question. Identity the three Important factors that can make So to become either S1 or S2

A. Technology, weather and population B. Technology, price and tastes C. Weather, price and technology D. Population, weather and teastes…

5 years ago

Use the diagram above to answer this question. Points E6 and E5 are respectively equilibrium points for

A. Do and So; Do and S2 B. D1 and S2; D2 and So C. D2 and S1; D2 and…

5 years ago

In the diagram above, the consumer attains equilibrium at point?

A. G B. H C. J D. K Correct Answer: Option D - K

5 years ago

The graphs illustrate?

A. joint demand B. derived demand C. composite demand D. competitive demand Correct Answer: Option D - competitive demand  

5 years ago

West African economy can best be described as?

A. agricultural B. backward C. developed D. industrialized Correct Answer: Option A - agricultural

5 years ago

Gross National Product (GNP) less depreciation is known as?

A. Gross Domestic Products B. Gross National Income C. Fixed National Income D. Net National Income Correct Answer: Option D…

5 years ago

In order to boost agriculture, West African countries should pay more attention to?

A. shifting cultivation B. animal husbandry C. seed multiplication D. mechanization Correct Answer: Option D - mechanization

5 years ago

The most common form of business enterprise in West Africa is the?

A. Sole proprietorship B. Co-operative C. Partnership D. joint-stock company Correct Answer: Option A - Sole proprietorship

5 years ago

Infant industries are industries that?

A. deals in the production of infant books B. are in their earlier stage of production C. produce dresses for…

5 years ago

The reward for capital is?

A. interest B. rent C. risk premium D. premium Correct Answer: Option A - interest

5 years ago