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  9. Q4
Question 4

If the last Naira spent on each commodity by a consumer gave him equal satisfaction , it means the consumer has been able to

  • A.cut costs
  • B.maximize costs
  • C.increase profits
  • D.maximize utility
  • E.manage scarce resources
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
1998
Question no.
#4
Type
Objective
Previous · Q3At what price will a trader be ready to sell 6 oranges using the equilibrium… Next · Q5 which of the following will shift the demand curve for Milo to the right?

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