Cost of the bookÂ
Cost of the hat
Book
Hat
N10.00
Correct answer is B
No explanation has been provided for this answer.
One main quality of a good is that it
Is sold in the market
Satisfies wants
Is made in the factory
Is always tangible
Is non-perishable
Correct answer is B
No explanation has been provided for this answer.
Which of the following does NOT represent the behaviour of a monopolist
Manipulating the market price of his goods
Manipulating both the price and quantity of his goods at the same time
Raising the price at one market, lowering it at another market
Manipulating only quantity, price being a given factor
Manipulating the quantity of his goods
Correct answer is B
No explanation has been provided for this answer.
Complete dependence on oil exports
Concentration on agricultural exports
Diversification of the economy
Building of more schools and universities
Introduction of nuclear energy in Nigeria
Correct answer is C
No explanation has been provided for this answer.
Which of the following is NOT a feature of economic underdevelopment of a country
A large number of high income earners relative to the population
High annual income for the few
High incidence of poverty
Low daily calorie intake per person
High infant mortality rate
Correct answer is A
No explanation has been provided for this answer.