Economics Past Questions and Answers

mining is an example of

An owner-manager of a firm can also be called

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