Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. WAEC
  4. /
  5. Economics
  6. /
  7. 2016
  8. /
  9. Q20
Question 20

Charging different prices for the same commodity is a feature of a

  • A.perfect competition
  • B.commodity market
  • C.monopolistic competition
  • D.monopoly market
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
2016
Question no.
#20
Type
Objective
Previous · Q19At which stage of production should a firm shut down? when Next · Q21 In a partnership, the conduct of members is guided by

More from this paper

  • Q16An entrepreneur is encouraged to adopt division of labour in production because…
  • Q17The long run is a period when
  • Q18The necessary condition for a firm to be in equilibrium is that marginal revenue…
  • Q22Indigenization policy is a measure aimed at
  • Q23Which of the following measures will hinder efficient distribution of goods in…
  • Q24The type of unemployment that occurs as a result physical or mental disability…
See all Economics 2016 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy