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536
Which of the following is not a condition for a perfect market?
  • A. homogenous commodity
  • B. ignorance of consumers
  • C. perfect information
  • D. free entry and exit
View Answer & Discuss WAEC 2001
537
The reward for a shareholdership of a company is
  • A. wages
  • B. interest
  • C. dividends
  • D. profit
View Answer & Discuss WAEC 2001
538
In a public corporation , the risks of business are borne by the
  • A. workers
  • B. tax payers
  • C. board members
  • D. treasury
View Answer & Discuss WAEC 2001
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539
One of the function of money is
  • A. double coincidence of wants
  • B. unit of accounts
  • C. indivisibility
  • D. making payment through banks only
View Answer & Discuss WAEC 2001
540

Money is demanded for which of the following reasons?

  • A. to meet unforseen contigencies
  • B. to solve the problem of inflation
  • C. it is easily divisible
  • D. it is portable
View Answer & Discuss (1) WAEC 2001
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