Economics

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Past Questions

Question 2751
waec 2012
a

unitary elastic

b

price inelastic

c

fairly elatic

d

income inelastic

Question 2752
waec 2012
a

bought at given price at a time

b

supplied at given prices at a time

c

produced at given prices at a time

d

reserved for future consumption

Question 2753
waec 2012
a

less as the marginal utility falls

b

more as the marginal utility falls

c

less as the total utility falls

d

more as the average utility falls

Question 2754
waec 2012
a

derived

b

composite

c

joint

d

competitive

Question 2755
waec 2012
a

increase in supply

b

excess demand

c

equality of demand and supply

d

decreases in demand

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