by Sunday | Nov 10 | Economics WAEC
A. is owned by the government B. sells its shares to members of the public C. operates as a government corporation D. is not legally recognized as a firm Correct Answer: Option B B. sells its shares to members of the public
by Sunday | Nov 10 | Economics WAEC
A. profit B. rent C. interest D. wage Correct Answer: Option B B. rent
by Sunday | Nov 10 | Economics WAEC
A. TC = FC – VC B. FC = TC + VC C. TC > FC + VC D. TC = FC + VC Correct Answer: Option D D. TC = FC + VC
by Sunday | Nov 10 | Economics WAEC
A. utility B. manufacturing C. division of labour D. factory workers Correct Answer: Option C C. division of labour
by Sunday | Nov 10 | Economics WAEC
A. higher the satisfaction derived from an additional unit B. higher the price to be paid C. lower the quantity supplied D. lower the rate of increase in the total utility derived Correct Answer: Option D D. lower the rate of increase in the total utility...