by Sunday | Aug 1 | Economics WAEC
A. owners B. managers C. chief executives D. company advisers E. day-to-day decision-makers Correct Answer: Option A – owners
by Sunday | Aug 1 | Economics WAEC
A. export B. construction C. Mining D. Manufacturing E. Transport Correct Answer: Option A – export
by Sunday | Aug 1 | Economics WAEC
A. make abnormal profits B. are given tax holidays C. are unified under one management D. pay high wages E. can have a large pool of skilled labours Correct Answer: Option E – can have a large pool of skilled labours
by Sunday | Aug 1 | Economics WAEC
A. total cost decreases B. average cost decreases and then increases C. average cost increases D. marginal cost steadily increase E. total cost remains constant Correct Answer: Option B – average cost decreases and then...
by Sunday | Aug 1 | Economics WAEC
A. the maximum use of resource to achieve minimum objectives B. the reduction of cost for adequate output C. relating value of input to that of output D. using appropriate resources for desired wants E. maximizing output from a given amount of resource Correct Answer:...