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  9. Q11
Question 11

An entrepreneur is likely to make more profits when

  • A.expenditure is more than revenue
  • B.competitors charge lower prices
  • C.costs per unit output falls
  • D.quantity of output reduces
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
2004
Question no.
#11
Type
Objective
Previous · Q10division of labour is limited by Next · Q12 Natural growth rate is

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