The excess profit made by the firm in the short-run is represented by
ORTZ
OPVY
ORTW
ORSX
Correct answer is A
No explanation has been provided for this answer.
N2000.00
N1200.00
N1000.00
N400.00
Correct answer is B
No explanation has been provided for this answer.
A purely competitive market
A market in which demand elastic at all prices
An imperfectly competitive market
A market in which companies produce homogeneous commodities
Correct answer is D
No explanation has been provided for this answer.
Managerial economies
Indivisibilities
The extent of the market
The pooling of dissimilar risks
Correct answer is B
No explanation has been provided for this answer.
Choose the answer from the option above
A
B
C
D
Correct answer is B
No explanation has been provided for this answer.
JAMB Subjects
Aptitude Tests