The study of economics is necessary mainly because of

Public limited liability companies are owned by__________?

One of the problems facing the Nigerian oil and gas industry is ________?

The supply curve above is

Which is of the following is NOT among the financial institutions in Nigeria?

Development plans fail in Nigeria mainly because of

If the marginal propensity to save is 0.8, calculate the multiplier?

From the table above, the elasticity of supply is _____?

A country that is over-populated will face the problem of

The demand curve faced by a monopolist is_____?

The concept of marginal utility indicates the relationship between utility and _________?

The demand for two or more commodities to satisfy a particular want is _____?

One of the important features of perfect competition is_____?

Which of the following is NOT a source of government revenue?

The price elasticity of supply of perishable goods is_________?

The major characteristics of an undeveloped nation is

The type of inflation that emanates from excess demand overs supply is___________?

Which of the following is a major determinant of price elasticity of demand?

A country's terms of trade can be improved by________?

In Nigeria, most agricultural policies are aimed at______?

One of the characteristics of private enterprises is ______?

If Nigeria has comparative advantage over Ghana in producing cocoa, this means_________?

From the graph above P2 in price control situation is referred

A company's expenditure on raw materials is termed as_______?

The additional cost incurred by producing an additional unit of output is known as

Which of the following is a set of measures of dispersion?

What effect would a change in price of a commodity have on its supply?

An increase in supply

Population growth is determined by_______?

All pairs of quantities from which a consumer derives equal satisfaction can be plotted on__________?

From the graph above, fixing maximum price of garri below equilibrium prices at P1 will

The interest charged on loans is determined by the __________?

Public ownership of productive factors is a feature of_______?

If additional unit of a variable factor input causes a fall in the marginal product, this implies that

One of the factors affecting change in demand for a commodity is the _______?

In Nigeria, unemployment can be minimized through______?

In the theory of the consumer behavior, a consumer is said to maximize utility when

Which of the following can cause oil glut in the International market?

If price of yams decreases from N15.00 per tuber to N13.50 and the quantity supplied decreases by 20%. What is the elasticity of supply?

One major problem encountered by ECOWAS is_______?

One of the factors that determine the supply of agricultural produce in Nigeria is

The slow pace of industrial growth in Nigeria can be attributed to__________?

If Mr Wale took a loan for the purpose of investment, the demand for money is________________?

One of the factors limiting the effectiveness of division of labour in the production process is the

The overall demand for crude oil for various uses is an example of __________?

Law of diminishing marginal utility

Given 0.25, 1.25, 1.80, 1.110, 10.20, 10.15 and 1.55.

Determine the range?

Which of the following is correct?

One of the major uses of national income statistics in Nigeria is to

A government budget proposing to spend more than its expected revenue in a year will create_______?

Localization of industry is encouraged because of