Price elasticity supply measures the responsiveness of quantity supplied to
Change in suppliers' income
Change in price of otther commodities
A change in the pice of the commodities
A change in the demand for the products
Correct answer is C
No explanation has been provided for this answer.
0.0
1
2
5
Correct answer is C
No explanation has been provided for this answer.
Downward from left to right
Upwards from left to right
Downwards from right to left
Upwards from the origin
Correct answer is A
No explanation has been provided for this answer.
Which of the following is necessary for the survival of small firms in West Africa?
Access to loand for development
Inadequate collaterals for bank loans
Government assistants in form of loans and tax holidays
High transportation cost
Correct answer is C
No explanation has been provided for this answer.
Which of the following could be used to measure the efficiency of labour?
Education and training
Rate of inflation
Level of unemployment
Input-output ratio
Correct answer is D
No explanation has been provided for this answer.