by Sunday | Nov 7 | Economics WAEC
A. Improving roads networks B. provision of adequate storage facilities C. instituting price control D. formation of producers’ co-operative societies Correct Answer: Option C C. instituting price control Explanation Instituting price control can affect the...
by Sunday | Nov 7 | Economics WAEC
A. privatising the existing business owned by the state B. commercializing state-owned businesses C. reducing foreign economic domination D. making the indigenes managing directors of businesses Correct Answer: Option C C. reducing foreign economic domination...
by Sunday | Nov 7 | Economics WAEC
A. a memorandum of understanding B. the article of partnership C. an article of association D. a partnership constitution Correct Answer: Option B B. the article of partnership Explanation Articles of partnership is a voluntary contract between/among two or more...
by Sunday | Nov 7 | Economics WAEC
A. perfect competition B. commodity market C. monopolistic competition D. monopoly market Correct Answer: Option A A. perfect competition Explanation In a perfect competitive market, price discrimination occurs when identical goods and services are sold at different...
by Sunday | Nov 7 | Economics WAEC
A. AVC=ATC B. AVC C. AVC>price D. AVC=MC Correct Answer: Option C C. AVC>price Explanation A firm will choose to implement a shutdown of production when the revenue received from the sale of the goods or services produced cannot even cover the variable costs of...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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