by Sunday | Aug 5 | Economics WAEC
A. containing the maximum output from available resources at the lowest possible cost B. conserving our petroleum resources C. equity in the distribution of the nation’s wealth D. production without waste E. the limited wants unlimited resources dilemma Correct...
by Sunday | Aug 5 | Economics WAEC
A. a solar energy distribution B. organized in a perfectly competitive market C. a duopoly D. a monopolistically competitive industry E. a monopoly Correct Answer: Option E – a monopoly
by Sunday | Aug 5 | Economics WAEC
A. Adam Smith B. David Ricardo C. Lionel Robbins D. Thomas R. Mtithus E. Robert Giffen Correct Answer: Option C – Lionel Robbins
by Sunday | Aug 5 | Economics WAEC
A. the seriousness of the country’s economic problems B. its balance of payments position C. its quota to the fund D. the size of gold reserve Correct Answer: Option C – its quota to the fund
by Sunday | Aug 5 | Economics WAEC
A. dumping B. counter trade C. bilateral trade D. trade liberalization Correct Answer: Option A – dumping