Economics Past Questions and Answers

If the fixed cost of a firm is 800.00 Naira and it's variable cost is 2,700 Naira while it's total output is 100 units, what is the average cost of the firm?

Distribution of goods and service is hindered by

A movement along the same demand curve either upwards or downwards as a result of change in price implies

middlemen in an economy perform the function of

one of the factors affecting geographical distribution of population is