NECO Economics Questions and Advice 2020 (Theory and Objectives)

NECO Economics Questions and Advice 2020 (Theory and Objectives)

NECO Economics Questions and even Answers 2020. I is going to be showing you past Economics objective and theory frequent questions at no cost in this particular post. You will likewise understand how NECO Economics questions are arranged together with how to answer them.

NECO Economics Objectives and Essay or dissertation answers 2020
The inquiries listed below are often the NECO 2020 Economics Practice Questions. Undergo them and be ready to credit score high in your NECO 2020 Economics Examination.

1. 2020 neco expo outside a specific firm which often reduce the firm’s costs these are known as
The. internal economics
B. external economics
C. outside diseconomies
D. optimum consequences

REPLY: B (external economics)

only two. If at 10K for every kg, 1000kg of sweet potato were purchased, typically the resultant point elasticity regarding need is
A. zero. thirty-three
B. 0. 0001
C. 1
D. ten thousand

ANSWER: C (1)

3. A new situation in which all inputs are doubled and even output also doubles is called
A. constant proportions
M. increasing returns to degree
C. constant returns
Deb. constant returns to degree.

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