In the diagrams, the opportunity cost of a unit of cotton...
In the diagrams, the opportunity cost of a unit of cotton in terms of cocoa is
4 for Ghana; 2 for Nigeria
20 for Ghana; 60 for Nigeria
1/4 for Ghana; 1/2 for Nigeria
5 for Ghana; 30 for Nigeria
Correct answer is C
No explanation has been provided for this answer.
Elasticity of demand is an effective tool in the hand of a producer in that it enables him ...
Firms are often set up close to each other in order to take advantage of ...
The theory of ............... was propounded by .................. ...
The purpose of import duties does NOT include the ...
Gross National Product (GNP) less depreciation is known as ...
An entrepreneur is encouraged to adopt division of labour in production because it ...
Devaluation of a currency in a country is likely to lead to ...
The advantages that accrue to a firm as the size of the firm increases are known as ...