A. a regulated market B. a competitive market C. a medium of exchange D. adequate capital Correct Answer: Option D…
A. jointly supplied B. competitive C. composite D. jointly demanded Correct Answer: Option B - competitive
A. N720.00 B. N216.00 C. N44.00 D. N880.00 Correct Answer: Option C - N44.00
A. economic decisions are made by both the rich and the poor B. both primary and secondary production are undertaken…
A. the size of the sample B. a wide spread around the mean C. a wide difference between the mean…
A. consumers are irrational B. marginal utility rises continuously C. utility is measurable D. utility can only be ranked Correct…
A. value that is most representative of the data B. mid-position when the values are arranged in ascending or descending…
A. increase price B. reduce output C. reduce price D. retain price Correct Answer: Option C - reduce price
A. a shift in the demand curve B. a change in the price changes C. a movement along a given…
A. retailer to the wholesaler B. producer to the wholesaler C. retailer to the consumer D. wholesaler to the retailer…