NECO Economics Questions and Replies 2020 (Theory and Objectives)
neco runs with Answers 2020. I will definitely be demonstrating past Economics objective and even principle repetitive questions at no cost in that post. You will as well understand how NECO Economics questions are fixed and how to answer these people.
NECO Economics Objectives and even Dissertation answers 2020
Often the queries listed below are the NECO 2020 Economics Process Questions. Proceed through them and even be ready to rating high in your NECO 2020 Economics Examination.
you. Improvements outside a specific firm which often reduce this firm’s costs these are known as
Some sort of. internal economics
N. additional economics
C. exterior diseconomies
D. optimum side effects
REMEDY: B (external economics)
2. If at 10K for each kg, 1000kg regarding sweet potato were purchased, the resulting point elasticity associated with need is
A. 0. 33
B. 0. 0001
M. 1
D. ten thousand
REPLY: C (1)
3. Some sort of situation in which all of inputs are doubled plus output also doubles is recognized as
A. constant proportions
W. increasing returns to level
C. constant returns
G. constant returns to range.
NECO Economics Objectives and even Dissertation answers 2020
Often the queries listed below are the NECO 2020 Economics Process Questions. Proceed through them and even be ready to rating high in your NECO 2020 Economics Examination.
you. Improvements outside a specific firm which often reduce this firm’s costs these are known as
Some sort of. internal economics
N. additional economics
C. exterior diseconomies
D. optimum side effects
REMEDY: B (external economics)
2. If at 10K for each kg, 1000kg regarding sweet potato were purchased, the resulting point elasticity associated with need is
A. 0. 33
B. 0. 0001
M. 1
D. ten thousand
REPLY: C (1)
3. Some sort of situation in which all of inputs are doubled plus output also doubles is recognized as
A. constant proportions
W. increasing returns to level
C. constant returns
G. constant returns to range.
