Economics Past Questions and Answers

The determination of price by bargaining between buyers and sellers is________

An economy system that uses what is regarded as the "Market mechanism" is called_______

The last link in the channel of distribution is____________

John an apprentice, engineer and amateur trumpet player, was earning ₦30 per week before accepting Full-time employment in a top orchestra, for which he now receives ₦150 per week. ₦120 of his current weekly earnings can be described as________

The lands that belong to the community is referred to as__________