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Question 0

An important function of the price system is to

  • A.ensure that producers' profits remain high
  • B.guarantee full employment of resources
  • C.allocate resources to most productive uses
  • D.protect the economic interests of government
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
2012
Question no.
#0
Type
Objective
Previous · Q0Fixing price above equilibrium will cause Next · Q0 If all factors are variable in the long run,firms will experience

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