In a socialist economy, factors of production are owned a...
In a socialist economy, factors of production are owned and controlled by the
Citizens
Businessmen
Government
Foreigners
Correct answer is C
No explanation has been provided for this answer.
By terms of trade, we mean the ...
A cost of production that is positively related to output is the ...
Which of the following BEST describes the production function? ...
\(\begin{array}{c|c} \text{Units of Quantity consumed} & \text{Total utility} & \text{Margi...
A major function of middlemen in Nigeria is the distribution of ...
Environmental degradation is more associated with ...
The tax levied on goods and services at each stage of production is ...
When the marginal utility of a commodity is zero the total utility is ...
Monetary policy aimed at reducing demand-pull inflation in the country maybe carried out through ...
In a public company, enterpreneurial functions are performed by the ...