If the price of a commodity falls and the quantity purcha...
If the price of a commodity falls and the quantity purchased does not rise, the commodity can be described as_______
Scarce
Normal
Superior
Inferior
Correct answer is D
No explanation has been provided for this answer.
The supply of money in the economy includes ...
Economic problem arise in all society because? ...
In an inflationary period which of the following statements is NOT true? ...
The choice of what to produce in a command economy is determined by ...
Which of the following is not function of central bank ...
The marginal physical product of labour is? ...
The most liquid asset among the following is ...
The following are qualities of money EXCEPT ...
Wage bill ₦6,000, Rent, Rates, Depreciation ₦200, Raw materials ₦800, Power ₦300. Total var...