The excess benefit derived from the purchase of goods ove...
The excess benefit derived from the purchase of goods over the amount paid for them is referred to as consumer
Rationality
Surplus
Sovereignty
Credit
Correct answer is B
Surplus in economics refers to the difference between price consumers pay and what they would be willing to pay.
The concentration of many firms of a particular industry in a particular area is known as ...
The sector which contribute highly to the economy is__________ ...
The lender of last resort in the banking system is the ...
The investment expenditure of an economy changes by N2 million and MPC is 0.75 What is the change...
One of the major criticisms of the 1992-1968 National development Plan was that ...
All the following are problems identified with agriculture in West Africa except ...
Which of the following will encourage capital intensive farming? ...