The desire for goods without the ability to pay is called
Choice
Effective demand
Joint demand
Wants
Correct answer is D
No explanation has been provided for this answer.
The way of making more goods available in the market
A policy of ensuring stable price in the market
A general reduction in the price level
Effective working of the forces of demand and supply
Correct answer is B
No explanation has been provided for this answer.
Marginal utility
Total utility
Average utility
Variable utility
Correct answer is A
No explanation has been provided for this answer.
A factor that has slowed down the rate of industrial development in West Africa is
Inadequate technology
Increasing rate of manpower production
Increased demand for local goods
Intervention of the government in business activities
Correct answer is A
No explanation has been provided for this answer.
A group of firm producing similar commodities for the same market constitute
A cartel
An industry
A cooperative
Wholesaler
Correct answer is B
No explanation has been provided for this answer.