by Sunday | Jul 31 | Economics WAEC
A. allocate scarce resources among competing uses B. ensure equitable distribution of income and wealth C. determine the demand for and the supply of goods and services D. remove all the constraints on production of goods and services Correct Answer: Option A –...
by Sunday | Jul 31 | Economics WAEC
A. diminishing returns B. the law of variable proportions C. diseconomies of scale D. increasing returns to scale Correct Answer: Option D – increasing returns to scale
by Sunday | Jul 31 | Economics WAEC
A. more naira is spent on commodities with the highest utility B. less naira is spent on commodities with the lowest utility C. the utility of the last naira spent on each commodity is equal D. the amount spent on each commodity is equal Correct Answer: Option C...
by Sunday | Jul 31 | Economics WAEC
A. what the consumer wants B. government decisions C. price mechanism D. the pattern of consumer spending Correct Answer: Option B – government decisions
by Sunday | Jul 31 | Economics WAEC
A. private ownership of factors of production B. ownership of factors of production by rich members of the society C. use of capital and labour in fixed proportions during production D. use of capital intensive methods of production Correct Answer: Option A –...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.