by Sunday | Oct 18 | Economics JAMB
A. 0.50 B. 0.40 C. 1.25 D. 0.80 Correct Answer: Option A – 0.50
by Sunday | Oct 18 | Economics JAMB
A. a bank B. an individual C. two or more partners D. shareholders Correct Answer: Option D – shareholders
by Sunday | Oct 18 | Economics JAMB
A. capital gains tax B. purchase tax C. personal income tax D. capital tax Correct Answer: Option B – purchase tax
by Sunday | Oct 18 | Economics JAMB
A. circular B. downward sloping C. perfectly inelastic D. concave Correct Answer: Option C – perfectly inelastic
by Sunday | Oct 18 | Economics JAMB
A. Joint demand B. cross-elasticity of demand C. elasticity of supply D. competitive demand Correct Answer: Option A – Joint demand Explanation Joint demand is when the demand for one product is directly and positively related to market demand for a related good...