by Sunday | May 25 | Economics WAEC
A. the way of making more goods available in the market B. a policy of ensuring stable price in the market C. a general reduction in the price level D. effective working of the forces of demand and supply Correct Answer: Option B B. a policy of ensuring stable price...
by Sunday | May 25 | Economics WAEC
A. marginal utility B. total utility C. average utility D. variable utility Correct Answer: Option A A. marginal utility
by Sunday | May 25 | Economics WAEC
A. inadequate technology B. increasing rate of manpower production C. increased demand for local goods D. intervention of the government in business activities Correct Answer: Option A A. inadequate technology
by Sunday | May 25 | Economics WAEC
A. a cartel B. an industry C. a co-operative D. wholesaler Correct Answer: Option B B. an industry
by Sunday | May 25 | Economics WAEC
A. check rural-urban drift B. determines the number of foreigners C. determines the number of factories D. undertake effective planning Correct Answer: Option D D. undertake effective planning