Cost schedule of a firm OutputTotal Fixed cost TFC(N)Total Variable Cost TVC (N)Total Cost TC (N)Average Variable AVC(N)Average Total ATC (N)Marginal Cost MC(N)010001000100-110040140---210064164---310080180---410088188--…
See more
1993
Describe the problems facing agriculture in Nigeria.
See more
1993
How does the Central Bank exercise control over commercial banks?
See more
1993
Highlight the economic effects of high population density in Nigeria.
See more
1993
Outline the merits of a Joint Stock Company.
See more
1993
Explain each of the following types of taxes:
(a) Proportional tax;
(b) progressive tax;
(c) regressive tax.
See more
1993
What functions do wholesalers perform for manufacturers?
See more
1993
What are the likely reasons for government participation in the location of industries in Nigeria?
See more
1993
What are the factors that determine the price elasticity of demand for a commodity?
See more
1993
(a) Explain each of the following measures of central tendency(i) mean;
(ii) median;
(iii) mode
(b) Calculate the mean, median and mode of the following set of numbers: 21, 22, 23,24, 25, 26, 23, 28, 29, 30, 24, 31, 34,…
See more
1993
Economics is the study of how to
See more
1993
An inferior goods is one
See more
1993
Supply in Economics means making
See more
1993
Public corporation in West Africa are set up to
See more
1993
The real cost of a commodity is
See more
1993
Scarcity in economics arises because
See more
1993
which of the following does not apply to private companies?
See more
1993
which of the following reasons is mainly responsible for the inefficient distribution of goods in West African countries?
See more
1993
An entrepreneur will locate his industry in a place
See more
1993
The rural area of West Africa lack industries because