2022
A firm that closes down will still incur
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2022 WAEC SSCE Economics Past Questions
2022
The production cost that varies inversely with output is the
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2022
In manufacturing, division of labour may be hindered by
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2022
If the government imposes a minimum price on a commodity
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2022
The production of rice and yam on the same farmland is an example of
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2022
A benefit that is present in all forms of economic integration is that
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2022
Foreign investment and long term securities in the balance of payment accounts are recorded as
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2022
A consumer of a single commodity is in equilibrium when
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2022
Which of the following industries will add more value to primary products?
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2022
An example of transfer payments in national income accounting is
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2022
In perfectly elastic supply, the supply curve
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2022
Which of the following factors is not a cause of diminishing returns?
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2022
Gross National Product (GNP) less the provision for the wear and tear of assets is the
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2022
Scale of preference shows
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2022
The use of the bank rate, cash ratio and open market operations constitute
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2022
If the quantity demanded of a commodity increases from 20 units to 30 units when there is an increase in price from $4.00 to $5.00, the elasticity of demand is
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2022
Cooperative societies are formed mainly to
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2022
Which of the following factors is not a cause of change in demand? Changes in
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2022
A minimum price legislation is also called
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2022
The sufficient condition for a firm to be in equilibrium is that the
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