If an economy grows at an annual rate of 5% of which 3% is deemed to be due to improvement in the productivity of labour and capital combined the remaining 2% is generally attributed to?
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1992
If in the graph, it is assumed that the price is initially P1, it can be deduced that price will
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1992
In the diagram, the profit maximizing output is
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1992
At what level of input has diminishing marginal returns set in?
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1992
Calculate the marginal physical product of the last unit of input
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1992
The type of business organizations mostly used for producing public goods in Nigeria is
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1992
\(\begin{array}{c|c} \text{Quantity of singlets} & \text{Short run total costs(N)} \\ 0 & 1,000 \\ 10 & 1,200 \\ 20 & 1,400 \\ 30 & 1,600 \\ 40 & 1,800 \\ \end{array}\)The short run total costs fo…
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1992
\(\begin{array}{c|c} \text{Population(Million)} & \text{Food Production(Milion tonnes)} \\ 50 & 220 \\ 70 & 210 \\ 90 & 225 \\ 100 & 275 \\ \end{array}\)In the data above, what is the optimum populati…
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1992
\(\begin{array}{c|c} \text{Age group(years)} & \text{Distribution(%)} \\ \hline \text{Above 60} & 30 \\ \hline 15 - 60 & 45 \\ \hline 0 - 14 & 25 \\ \end{array}\)The estimated dependency ratio of the popu…