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1116

Exchange control is a weapon used in regulating

  • A. barter trade
  • B. stock exchange
  • C. foreign trade
  • D. internal trade
View Answer & Discuss (1) WAEC 2013
1117

When the marginal product is negative,the total product will be

  • A. constant
  • B. at a maximum
  • C. increasing
  • D. decreasing
View Answer & Discuss (2) WAEC 2013
1118

Physical productivity is affected by all the under listed factors except the

  • A. state of technology
  • B. quantity of inputs
  • C. quality of inputs
  • D. price of output
View Answer & Discuss WAEC 2013
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1119

If a commodity has a high marginal utility, its market price will be

  • A. stable
  • B. high
  • C. zero
  • D. constant
View Answer & Discuss WAEC 2013
1120

Price fluctuation is a feature of

  • A. common market
  • B. imperfect market
  • C. supermarkets
  • D. market failure
View Answer & Discuss WAEC 2013
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