by Sunday | May 24 | Economics WAEC
A. many sellers B. Homogenous commodity C. a single seller D. Perfect knowledge Correct Answer: Option C C. a single seller
by Sunday | May 24 | Economics WAEC
A. natural barriers to entry B. legal barriers to entry C. illegal barriers to entry D. unnatural barriers to entry Correct Answer: Option B B. legal barriers to entry
by Sunday | May 24 | Economics WAEC
A. consumers increasing their demand for the product B. consumers’ demand for the product remaining unchanged C. consumers shifting completely to substitute products D. suppliers increasing the supply of the product Correct Answer: Option C C. consumers shifting...
by Sunday | May 24 | Economics WAEC
A. inferior goods B. substitutes C. complements D. free goods Correct Answer: Option B B. substitutes
by Sunday | May 24 | Economics WAEC
A. 12 bags B. 24 bags C. 28 bags D. 30 bags Correct Answer: Option C C. 28 bags