Question 1 Report
A negative effect of the discovery of petroleum on the Nigerian economy is
Answer Details
The types of unemployment that evolved the use of machines to replaces human labour is known as
When total utility is at maximum, then marginal utility is
When a change in the demand for commodity A leads to a change in demand for commodity B in the same direction, demand for A & B is
The following are the main problems of distribution of essential commodities in Nigeria EXCEPT
In a socialist economic system, decisions relating to the fundamental economic problems are taken by
To an individual, the term cost will include expenditure on the following EXCEPT
The assumptions of the principles of comparative cost advantage is based on I. Absence of Trade Restrictions II. No transport costs III. Constant technology
The introduction of money into the economy has helped to resolve the following problems EXCEPT
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