by Sunday | Nov 7 | Economics WAEC
A. greater than marginal B. equal to marginal C. less than average revenue D. equal to average Correct Answer: Option B B. equal to marginal
by Sunday | Nov 7 | Economics WAEC
A. only the variable factors can be altered B. all factors become variable C. the firm will cease to exist D. only the fixed factors can be altered Correct Answer: Option B B. all factors become variable Explanation The long-run is a period of time in which all...
by Sunday | Nov 7 | Economics WAEC
A. provide more employment opportunities B. leads to increased output and lower cost of production C. brings about equal cost and employment opportunities D. leads to the increased cost of production and lower output Correct Answer: Option B B. leads to increased...
by Sunday | Nov 7 | Economics WAEC
A. excess demand B. excess supply C. parallel market D. hoarding of goods Correct Answer: Option B B. excess supply Explanation A price floor is the lowest legal price a commodity can be sold at. Price floors are used by the government to prevent prices from being too...
by Sunday | Nov 7 | Economics WAEC
A. a moment along the curve B. a leftward shift C. no shift of the supply curve D. a shift to the right Correct Answer: Option D D. a shift to the right Explanation If sellers expect that the price of the goodwill is decreasing in the future, then they are likely to...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.