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Frage 3 Bericht
The law of variable proportion state that if the quantities of variable factor of production are used with fixed factor, after a certain point,
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Frage 4 Bericht
A shift of the demand curve leftward from its original position indicate
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Frage 8 Bericht
Using functional relationship in economics QX = f (px, po, y, T); po stand for
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Frage 10 Bericht
Abdul is faced with a choice between buying a new NOTE book and a pen with N10. Since the N10 can NOT give him both items he decide to buy NOTE book. The money cost to him is
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Frage 16 Bericht
In the demographic transition theory, stage II represents a stage where
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Frage 17 Bericht
According to the theory of comparative advantages, countries are to specialize based on their
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Frage 19 Bericht
The professional that view cost in term of alternatives sacrificed is the
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Frage 26 Bericht
The first commercial oil well in Nigeria was discovered in
Frage 29 Bericht
An economic system where both the public and individuals own and control means of production is known as ……… system
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Frage 31 Bericht
One of the following is NOT a reason for increase in public expenditure
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Frage 39 Bericht
In economics, electricity, water supply, communication networks, road, etc are known as
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Frage 40 Bericht
Which of the following is NOT a reason for the absence of an industry in the rural areas?
Frage 41 Bericht
Which of the following is NOT a sources of national income statistics?
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Frage 43 Bericht
The demand for a commodity for the sake of what it will yield is
Frage 45 Bericht
A tax system which takes lesser percentage of a tax payers income as his income increase is known as
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