The economic system in which the decisions about what to ...
The economic system in which the decisions about what to produce, how to produce and for whom to produce are made by private firms is called
Socialism
Welfarism
Communism
Capitalism
Traditionalism
Correct answer is D
No explanation has been provided for this answer.
The law of diminishing marginal utility applies to a ...
The main objective of setting up a private business organization is to ...
The necessary condition for a firm to be in equilibrium is that marginal revenue is ...
The standard of living in two countries can be compared using the__________ ...
If the Central Bank of Nigeria reduces the bank rate, this will cause ...
Which of the financial institutions cannot direct tax loans to individuals? ...
The international cartel formed to stabilize the world oil market is the ...
If government fixes price below the equilibrium price, what effect will it have on demand? ...
One disadvantages of direct taxes is that they ...
The establishment of industries in rural areas will help to reduce____________ ...