by Sunday | Aug 2 | Economics WAEC
A. wholesalers to retailers than to consumers B. direct sales to consumers C. wholesalers to consumers D. retailers to consumers Correct Answer: Option B – direct sales to consumers
by Sunday | Aug 2 | Economics WAEC
A. monopoly B. perfect competition C. monopolistic competition D. oligopoly Correct Answer: Option C – monopolistic competition
by Sunday | Aug 2 | Economics WAEC
A. 10 percent B. 20 percent C. 30 percent D. 40 percent Correct Answer: Option D – 40 percent
by Sunday | Aug 2 | Economics WAEC
A. the equilibrium price and quantity will increase B. only the price will increase C. only the quantity will increase D. the price will remain constant Correct Answer: Option B – only the price will increase
by Sunday | Aug 2 | Economics WAEC
A. 20 and 80 B. 30 and 120 C. 40 and 60 D. 60 and 240 Correct Answer: Option A – 20 and 80