The opportunity cost of the use of productive resources w...
The opportunity cost of the use of productive resources which a producer owns and so does not pay constitutes
A fixed cost
An implicit cost
A variable cost
A prime cost
Correct answer is B
No explanation has been provided for this answer.
An economy in which the whole income is not consumed is referred to as______ ...
Which of the following statements does NOT describe a situation of perfect competition? ...
Which of the following is NOT an instrument in the money market? ...
Export-promotion policy is primary concerned with the ...
Which one of the following functions of banks in Nigeria is reserved to the Central Bank? ...
Mono production economies are those that____ ...
A disadvantage of a jont-stock company is ...
Terms of trade simply means the price ...
In perfect competition, the marginal cost curve intersects the average cost curve ...
Which of the following institutions does not operate in the money market? ...