Categories: Economics JAMB

Which of the following is a condition necessary?
Which of the following is a condition necessary?Which of the following is a condition necessary?

A. Few sellers and buyers
B. Free entry and exist
C. Homogeneous goods
D. Lack of preferential treatment
E. Many callers and buyers

Correct Answer:

Option A – Few sellers and buyers

AddThis Website Tools
Sunday

Share
Published by
Sunday
4 years ago

Recent Posts

INS 315 Theory Questions: Human Capital as the Engine of Economic Growth: A Multi-Level Analysis

300 Level  Department of Insurance exam questions and detailed answers. Download the answers in document format.…

2 days ago

INS 314 Theory Questions: Key Insurance Principles: Caveat Emptor vs. Utmost Good Faith and Disclosure Requirements

300 Level  Department of Insurance exam questions and detailed answers. Download the answers in document format.…

2 days ago

INS 314 Theory Questions: Comprehensive Guide to Motor Insurance Coverage Types and Policy Conditions in Nigeria

300 Level  Department of Insurance exam questions and detailed answers. Download the answers in document format.…

2 days ago

INS 314 Theory Questions: Essential Traditional Documents in Motor Insurance Contracts: A Comprehensive Guide

` 300 Level  Department of Insurance exam questions and detailed answers. Download the answers in document…

2 days ago

INS 314 Theory Questions: Legal Consequences of Presenting Fake Insurance Certificates Under Nigeria’s Motor Vehicles Act

300 Level  Department of Insurance exam questions and detailed answers. Download the answers in document format.…

2 days ago

INS 314 Theory Questions: Major Causes of Road Traffic Accidents in Nigeria: A Three-Pronged Analysis

300 Level  Department of Insurance exam questions and detailed answers. Download the answers in document format.…

2 days ago