The terms of trade of a country is defined as

The estimated dependency ratio of the population distribution shown here is

At what level of input has diminishing marginal returns set in?

In the diagram, the profit maximizing output is

In the data above, what is the optimum population in million?

The short run total costs for different levels of output for a firm producing singlets are shown above. Calculate the variable cost per unit at an output of 20.

The type of business organizations mostly used for producing public goods in Nigeria is

Calculate the marginal physical product of the last unit of input

If in the graph, it is assumed that the price is initially P1, it can be deduced that price will