Welcome to Schoolngr.com

Search SchoolNGR

Tuesday, 30 June 2026
Register . Login

Economics Past Questions and Answers

Economics Questions

Question 4736:
Memorandum of Association mainly contains:
SchoolNGR Classroom
  • A Workers salaries
  • B Tax receipts
  • C Company objectives
  • D Daily sales records
View Answer & Explanation
Question 4737:
The reward for entrepreneurship is:
SchoolNGR Classroom
  • A Wages
  • B Profit
  • C Interest
  • D Rent
View Answer & Explanation
Question 4738:
Marginal cost refers to:
SchoolNGR Classroom
  • A Fixed production cost
  • B Total production cost
  • C Cost of extra unit
  • D Revenue per output
View Answer & Explanation
Question 4739:
Average revenue under perfect competition equals:
SchoolNGR Classroom
  • A Total cost
  • B Marginal utility
  • C Average cost
  • D Price
View Answer & Explanation
Question 4740:
The law of diminishing returns applies mainly in:
SchoolNGR Classroom
  • A International trade
  • B Short-run production
  • C Banking operations
  • D Population theory
View Answer & Explanation

Stay Updated

Follow us on:


Subjects