An imperfect market in which there is only one buyer of a...
An imperfect market in which there is only one buyer of a commodity is
Monopsony
Oligopoly
Monopoly
Duopoly
Correct answer is A
No explanation has been provided for this answer.
The quantity supplied of a commodity increases while ...
Economic problems arises because ...
The use of the bank rate, cash ratio and open market operations constitute ...
A rise in government expenditure can lead to ...
Wage bill ₦6,000, Rent, Rates, Depreciation ₦200, Raw materials ₦800, Power ₦300. Total var...
The organization whose aim is to solve the trade problems of less developed nations is ...
Which of the following is not an effect of many middlemen in the chain of production? ...
Income elasticity of demand is measurement of the responsiveness of ...
Mr. Bala’s income is $800.00 per month while that of Mr. Jatau is $1,200.00. If Messrs. Bala a...