Price tends towards the level which equates supply with demand'. Explain this statement. 

Highlight the economic problems associated with the dependency of West African countries on primary production. 

(a) Explain the term national debt.
(b) State any four instruments of government borrowing in Nigeria. 

Compare and contrast the private limited company with the public limited company. 

 (a) Outline the main features of the Malthusian theory on population.
(b) Explain the developments that render the theory irrelevant to the present day situation.