A. Olu's real cost is 150.00 Naira B. Olu's opportunity cost is the T-shirt he bought C. Olu's opportunity cost…
A. a budget B. an opportunity cost C. A scale of preference D. choice Correct Answer: Option C C. A…
A. primary production B. secondary production C. tertiary production D. intermediate production Correct Answer: Option A A. primary production
A. Desire to spend more income on consumption B. opportunity cost C. production D. scarcity Correct Answer: Option D D.…
A. Oil and Petroleum Exporting Countries B. Original Petroleum Exporting Companies C. Organization of Petrol Exporting Countries D. Organization of…
A. devalue the currency of member state B. reduce drastically the size of deficit financing of member states C. giving…
A. harmonization of cultural practices B. free movement of persons, goods, and services C. payment of high tariffs D. dumping…
A. domestic production B. imports C. domestic expenditure D. tax on infant industry Correct Answer: Option A A. domestic production
A. Banking services B. Petroleum products C. Processed rice D. processed milk Correct Answer: Option A A. Banking services
A. volume of trade between countries B. direction of international trade C. commodity terms of trade D. volume of imports…