Economics Past Questions and Answers

The most dominant economic activity which employs the largest number of people in West Africa is?

Public enterprises are supported on the grounds that they are undertaken for

\(\begin{array}{c|c}
\text{Unit of output} & \text{Table cost}\\
\hline
1 & 20 \\
2 & 32 \\
3 & 42 \\
4 & 48 \\
5 & 50 \\
\end{array}\)
in the above table, the marginal cost of the 3rd unit of output is

Full equilibrium under perfect competition requires that?

Oligopoly means