by Sunday | Aug 9 | Economics WAEC
A. Effective management B. Limited size of the market C. Availability of funds D. Increased profit prospects E. Increasing returns to scale Correct Answer: Option B – Limited size of the market
by Sunday | Aug 8 | Economics WAEC
A. The law of comparative advantage was propounded by David Ricardo B. The law stresses the importance of relative efficiency C. In order to specialize, a country must have absolute advantage D. The law is based on opportunity cost principle E. The principle if...
by Sunday | Aug 8 | Economics WAEC
A. Terms of trade shows the difference between the values of export and imports B. Terms of trade indicate the rate at which exports exchange for imports C. It is the ratio of price index of exports to imports D. It is usually expressed as percentage E. A rise in the...
by Sunday | Aug 8 | Economics WAEC
A. Money at call and short notice B. Treasury Bills C. Commercial Bills D. Stock and Shares E. Cash Correct Answer: Option E – Cash
by Sunday | Aug 8 | Economics WAEC
A. Increase in population cause hunger and death B. The population increase faster than food supply C. The population grows at arithmetic progression while food production grows at geometric progression D. People could be sent to ‘No man’s land’ when the population...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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