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if the price elasticity of demand for a good is 0.43 an increase in it's...

if the price elasticity of demand for a good is 0.43 an increase in it's price would result in
a) an increase in profit by 43%
b) a net gain
c) a decrease in profit by 43%
d) a net loss

which economic system is consumers referred to as the king
a) capitalist
b) socialist
c) mixed

The supply of labour can be influenced by
a) Size of the population
b) stage of economic development
c) size of the country
d) extent of the market?

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Join your school's WhatsApp group
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Join your school's WhatsApp group
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789