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NECO Economics Questions and Advice 2020 (Theory and Objectives)

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NECO Economics Questions and even Answers 2020. I will be showing you past Economics objective together with concept duplicated questions for free in this post. You will as well understand how NECO Economics questions are fixed and even how to answer these people.

NECO Economics Objectives plus Composition answers 2020
This concerns below are the NECO 2020 Economics Process Questions. Undergo them together with be ready to report high in your NECO 2020 Economics Examination.

a single. Trends outside a specific firm which will reduce typically the firm’s costs are
The. internal economics
N. outside economics
C. alternative diseconomies
D. optimum outcomes

RESPONSE: B (external economics)

two. If at 10K per kg, 1000kg of yam were purchased, often the resulting point elasticity associated with requirement is
A. 0. thirty-three
B. 0. 0001
D. 1
D. ten thousand


three or more. neco expo in which most inputs are doubled together with output also doubles is recognized as
A. constant proportions
M. increasing returns to degree
C. constant returns
Deb. constant returns to level.

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