A. Protection of Infant industries B. Establishment of Nigeria Enterprises Promotion Decree C. Low Productivity and inefficiency D. Establishment of…
A. concentrating a firm in a place B. transforming as an economy based on extractive to manufacturing C. transferring a…
A. Proportional tax B. Progressive tax C. Regressive tax D. Digressive tax Correct Answer: Option D D. Digressive tax Explanation…
A. monetary policy B. physical policy C. fiscal policy D. public finance Correct Answer: Option C C. fiscal policy Explanation…
A. Derived demand B. Joint demand C. Complementary demand D. Composite demand Correct Answer: Option A A. Derived demand Explanation…
A. poor education B. lack of skills C. good government planning D. corruption Correct Answer: Option C C. good government…
A. Input B. Commodities C. Output D. Factors Correct Answer: Option C C. Output Explanation An isoquant curve is the…
A. law of returns to scale B. law of diminishing returns C. factors of productions D. technology Correct Answer: Option…
A. The consumer is rational B. Diminishing marginal utility C. The concept of money utility D. Consistency and transitivity of…
A. A straight line B. A right-angled C. L - shaped D. Curvature Correct Answer: Option D D. Curvature Explanation…