2007
The lower the price of a commodity, the greater the quantity demanded. This is based on the assumption that the consumers’
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2007 WAEC SSCE Economics Past Questions
2007
Given that TR is total revenue, then TRn -TR (n-1) can be used to find the
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2007
Revenue is the
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2007
What must be added to variable cost to give total cost?
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2007
when a firm is nationalized ,
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2007
which of the following is a characteristics of monopoly
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2007
Patents are examples of
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2007
in a situation where demand is perfectly elastic , imposition of tax on a commodity to raise its price will result in
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2007
If the price of goods X rises and the quantity demanded of goods Y increases then the two goods X and Y must be
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2007
A negative effect of the presence of a large number of middlemen in the distributive network is
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2007
which of the following is a middleman in the chain of distribution?
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2007
the return of investment that is just sufficient to satisfy the owner of a business is called?
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2007
The main objective of privatizing a government business is to
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2007
The practice whereby a business is owned by two or more independent firms is termed
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2007
Long-term loans can be secured from
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2007
A certain amount of money is needed for everyday expenditure like buying of goods, transportation and others. This is
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2007
The most important quality of money is that it must be
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2007
To promote the development of agricultural sector, government of West African countries should
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2007
An example of a producer goods is a
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2007
A foreign exchange market deals in
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