(a) What are the objectives of the Organisation of Petroleum Exporting Countries (OPEC) ?
(b) What are the problems of the OPEC?
(c) What remedies have been adopted to curtail them?
A demand which gives rise to the reverse of the law of demand is__________
If two commodities are unrelated, a change in the price of one will____________
| Price (₦) |
Quantity Demanded |
| 8 | 10 |
| 6 | 12 |
If we move from 8 to 6, the elasticity of demand is_______
In a perfect competition, the market price is determined by_______
