If the quantity demanded of a commodity increases from 20 to 30 when there is an increase in price from N4 to N5, the elasticity of demand is

The central bank controls the activities of other banks by all but one of the following

When the price of a commodity is below the equilibrium price the quantity demanded will exceed the quantity supplied. Such a situation is referred to as

If two commodities are good substitutes for one another, e.g butter and margarine,an increase in the demand for one will reduce the demand for the other. Thi...

One of the reason why the condition of supply of a commodity may change is

when the demand curve shift to the right it indicate that a larger quantity is demanded at each price. This is caused by one of the following

which of the following is not true about occupational distribution of the labour force of West Africa?

Production covers all but one of the following activities:

Which of the following is not true of the theory of optimum population?