2021
The law of diminishing returns is applicable to the__________
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2021 WAEC SSCE Economics Past Questions
2021
The outputof an extra unit of an input is referred to as________
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2021
The supply of mangoes isrepresented as P=0.3Q, where P is the price ($) and Q is the quantity. What is P when Q is 50?
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2021
When market supply increases , the equilibrium price_________
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2021
Government can increase farmers' incomes by__________
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2021
Market supply may increase if there is an increase in the________
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2021
The leftwardshift in the supply curve for a commodity indicates_________
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2021
The price of soap rose from $10 to $20 causing a trader to increase her supply from 50 to 120 boxes per week. This makes supply_________
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2021
The coefficient of price elasticity of supply of land is usually____________
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2021
An increase in market supply is caused by the following factors except_________
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2021
What will be the reaction of consumers in a market if there is a fall in the price of the substitute commodity X?
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2021
The demand for wood and labour is an example of______
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2021
An increase in the rice harvest, all things being equal, may cause____________
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2021
One way of obtaining the median of a given data is to__________
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2021
When a commodity market operates without government interference, commodities are distributed through_______
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2021
The distinguishing function of an entrepreneur is_______
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2021
A consumer with$10 needs a dress, a pair of shoes, a handbag and jewelry costing $20, $10, $7 and $3 respectively. The opportunity cost of buying the pair of shoes Is the________
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2021
The study of economics IS Important to every society because it______
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