The equilibrium price of mango is N1.00. If the pric...
The equilibrium price of mango is N1.00. If the price fall to 50k, there will be
An excess demand
An excess supply
A surplus in the market
Many sellers in the market
No seller in the market
Correct answer is A
No explanation has been provided for this answer.
The following are the differences between domestic and international trade EXCEPT ...
In order to discourage the importation of manufactured goods, a country should adopt ...
A summary of all the receipts and payments of a country in international transaction is called ...
If a country operates a freely floating exchange rate system and suffers a balance of payment,&...
Bondholders are treated more favorably than shareholders because ...
The optimum level of output of the firm is ...
A modern corporation is owned by ...
Product differentiation in monopolistic competition implies that ...