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Price control cannot work in Nigeria because

Economics
JAMB 1978

Price control cannot work in Nigeria because
  • A. the population is too large
  • B. the policemen hate to arrest people
  • C. while it is fairly easy to control producers and importing firms, smaller distributors are too many to be controlled
  • D. control cannot work under military rule
  • E. too many things are produced in the country
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Correct Answer: Option C
Explanation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709

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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Join your school's WhatsApp group
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Join your school's WhatsApp group
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts