by Sunday | May 23 | Economics WAEC
A. the goods are heterogenous B. there is preferential treatment C. there is a large number of buyers and sellers D. buyers and sellers are easily influenced Correct Answer: Option C C. there is a large number of buyers and...
by Sunday | May 23 | Economics WAEC
A. it can be managed without conflicts B. the sole proprietor raises money from the public C. it makes an increase in the volume of business possible D. there is no limit to the number pf people who may bring in capital Correct Answer: Option A A. it can be managed...
by Sunday | May 23 | Economics WAEC
A. P = AR < MR B. P > AR = MR C. P = MR < AR D. P = AR = MR Correct Answer: Option D D. P = AR = MR
by Sunday | May 23 | Economics WAEC
A. the law of variable proportions B. increasing returns to scale C. decreasing use of inputs D. change output during the production period Correct Answer: Option A A. the law of variable proportions
by Sunday | May 23 | Economics WAEC
A. adequate tools to work with B. high level of employment C. limited vacancies D. government restrictions Correct Answer: Option A A. adequate tools to work with