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Locating firms in urban areas
What will be the likely effect if agriculture is fully mechanized in West Africa?
The low productivity per worker in agriculture experienced in West African countries is due to
In determining the growth of a country's population, infant mortality is a component of
Malthus predictions did not come to pass mainly because
The supply of labour to an occupation will tend to rise when
Warehousing of goods in the process of distribution is the function of
Separation of ownership from control is more pronounced in a
The government policy that encourages public corporations to operate profitably is
Firms in perfect competition break even in the long-run because
The fixed cost of producing 100 units of a good is $600. If the variable cost is $400. the average total cost of one unit of the good is
In the short-run, a firm can increase output by
Which of the following best explains diseconomies of scale? Increase in output causes the
The table below shows the supply and demand schedule for apples. Use it to answer question 17
| Price ($) | Quantity demanded | Quantity supplied |
| 10 | 50 | 25 |
| 20 | 35 | 35 |
| 30 | 20 | 45 |
| 40 | 5 | 55 |
At what price is excess supply equal to 25?
Minimum price legislation is used to protect the interests of
The negative slope of the demand curve is best explained by
If the coefficient of price elasticity of supply of a commodity is 0.8, then supply is
Other things being equal, an increase in the demand for land in the short-run will cause an increase in the
The diagram above shows the demand for milk. Use it to answer questions this question.
If demand for postal services decline as a result of increased use of e-mails, then the two services are in
The diagram above shows the demand for milk. Use it to answer questions this question.
The movement from point x to z might have been caused by