by Sunday | Nov 9 | Economics WAEC
A. all of its fixed cost and variable cost B. all of its fixed cost and part of variable cost C. all of its variable cost and part of fixed cost D. part of its fixed cost and part of variable cost Correct Answer: Option A A. all of its fixed cost and variable...
by Sunday | Nov 9 | Economics WAEC
A. falls continuously throughout B. falls and later rises C. remains unchanged throughout D. rises and later falls Correct Answer: Option B B. falls and later rises
by Sunday | Nov 9 | Economics WAEC
A. decrease in the death rate B. increase in the death rate C. poor medical facilities D. decrease in the birth rate Correct Answer: Option A A. decrease in the death rate
by Sunday | Nov 9 | Economics WAEC
A. all inputs are fixed B. all inputs are variable C. some outputs are variable D. some inputs are variable Correct Answer: Option A A. all inputs are fixed
by Sunday | Nov 9 | Economics WAEC
A. firm which minimizes cost B. consumer who maximizes satisfaction C. producer who maximizes marginal product D. consumer who minimizes total utility Correct Answer: Option B B. consumer who maximizes satisfaction