Economics WAEC

Which of the following is not a reason why statutory are run only by the government?

A. The duplication of some services will lead to resource wastage
B. all corporation provides services which individuals cannot provide
C. Essential services must be provided irrespective of the economic system adopted
D. some corporations require large financial capital which may not be easy to acquire by individuals
E. There is need to protect consumers from exploitation

Correct Answer:

Option A – The duplication of some services will lead to resource wastage

Sunday

Share
Published by
Sunday
Tags: economics

Recent Posts

OOU JUPEB Admission For Agricultural Extension

Do you want to study Agricultural Extension in OOU? Before you apply for the OOU…

11 months ago

OOU JUPEB Admission For Agricultural Economics

Do you want to study Agricultural Economics in OOU? Before you apply for the OOU…

11 months ago

OOU JUPEB Admission For Cooperative and Business Management

Do you want to study Cooperative and Business Management in OOU? Before you apply for…

11 months ago

OOU JUPEB Admission For Home and Hotel Management

Do you want to study Home and Hotel Management in OOU? Before you apply for…

11 months ago

OOU JUPEB Admission For Animal Production

Do you want to study Animal Production in OOU? Before you apply for the OOU…

11 months ago

OOU JUPEB Admission For Crop Production

Do you want to study Crop Production in OOU? Before you apply for the OOU…

11 months ago