ECO121 Tma Solutions 1. A production period in which some input factors are fixed while other varies is known as
Supply of palm kernel and palm oil is an example of
The quantity of a commodity the producer is willig and able to sell at the current market price is known as
Regulation of price by government is known as
Competitive supply imply production of two commodities from the same
The three economic decision making units are;
If Qd = 5 – P , and Qs = -5 + P, then equilibrium price and quantity will be
A production period in which some input factors are fixed while other varies is known as
If government fixes price above equilibrium, it is known as
Clerical transaction is carried out in House Room —>> Office Business room
