by Sunday | Jan 7 | Economics WAEC
A. a negative slope B. a positive slope C. a backward sloping supply curve D. short-run supply curve Correct Answer: Option B B. a positive slope Explanation A supply curve shows a graphical illustration or diagrammatic representation of a supply schedule and slopes...
by Sunday | Jan 7 | Economics WAEC
I – technological advances in an industry II – changes in labour costs III – changes in source of supply IV – changes in levels of taxation A. I, II B. I, III C. II, III, IV D. I, II, III, IV Correct Answer: Option D D. I, II, III, IV...
by Sunday | Jan 7 | Economics WAEC
A. marginal product B. marginal cost curve C. demand curve D. average cost curve Correct Answer: Option C C. demand curve Explanation A monopolist can either decide his output or the price at which he will sell, but not both. A monopolist must consider elasticity of...
by Sunday | Jan 7 | Economics WAEC
A. a spinning firm and a wearing firm B. two meat retailing firms C. two very large wholesale textile distributors D. three secretarial employment agencies in one town Correct Answer: Option A A. a spinning firm and a wearing firm Explanation Vertical combination is...
by Sunday | Jan 7 | Economics WAEC
A. the retail market B. the house market C. the labour market D. the foreign exchange market Correct Answer: Option D D. the foreign exchange market Explanation The foreign exchange market is a market which deals with foreign exchange transactions and it involves the...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.