Elasticity demand is an effective tool in the hands of a ...
Elasticity demand is an effective tool in the hands of a producer in that it enables him
Raise his profit and lower his costs
Discourage buyers from cheating
Determine what he will produce
Set his price to maximize his profit
Correct answer is D
No explanation has been provided for this answer.
The principle of comparative cost advantage was propounded by ...
The correct relationship between income (Y), consumption (C) and savings (S) is ...
Which of the following is a determinant of elasticity of supply? ...
Data presented in a circular chart is known as ...
The biggest source of government revenue in Nigeria is ...
Which of the following economic system is in operation in Nigeria? ...