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Discy Latest Questions

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QandA Liberia
  • 2
QandA LiberiaBeginner
Asked: April 24, 2020In: Economics, Economics

Is there an economic reason behind the constant fuel/gas shortage in Liberia?

  • 2
Is there an economic reason behind the constant fuel/gas shortage in Liberia?

Do we ascribe the national shortage of gasoline to the law of demand and supply or is something else at play?

demandsupply
  • 5 5 Answers
  • 591 Views
Answer
QandA Liberia
  • 0
QandA LiberiaBeginner
Asked: March 28, 2021In: Economics, High School, WASSCE

Which of the following is true about the supply of land? It A. rises with demand. B. varies with time. C. is fixed. D. is higher in the urban than rural areas.

  • 0

Which of the following is true about the supply of land? It A. rises with demand. B. varies with time. C. is fixed. D. is higher in the urban than rural areas.

2018demandeconomicssupplywassce
  • 1 1 Answer
  • 2 Views
Answer
QandA Liberia
  • 0
QandA LiberiaBeginner
Asked: March 28, 2021In: Economics, High School, WASSCE

Goods whose demand vary directly with money income are called: A. inferior goods. B. substitute goods. C. normal goods. D. complementary goods.

  • 0

Goods whose demand vary directly with money income are called: A. inferior goods. B. substitute goods. C. normal goods. D. complementary goods.

2018demandeconomicsgoodsincomewassce
  • 1 1 Answer
  • 2 Views
Answer
QandA Liberia
  • 0
QandA LiberiaBeginner
Asked: March 28, 2021In: Economics, Economics, High School, WASSCE

With the aid of appropriate diagrams, explain the effects of an increase in the price of kerosene on the demand for kerosene stoves.

  • 0

With the aid of appropriate diagrams, explain the effects of an increase in the price of kerosene on the demand for kerosene stoves.

2018demandeconomicspricewassce
  • 1 1 Answer
  • 7 Views
Answer
Adv
QandA Liberia
  • 0
QandA LiberiaBeginner
Asked: March 28, 2021In: Economics, Economics, High School, WASSCE

With the aid of appropriate diagrams, explain the effects of an increase in the price of beef on the demand for fish;

  • 0

With the aid of appropriate diagrams, explain the effects of an increase in the price of beef on the demand for fish

2018demandeconomicspricewassce
  • 1 1 Answer
  • 4 Views
Answer
QandA Liberia
  • 0
QandA LiberiaBeginner
Asked: March 28, 2021In: Economics, Economics, High School, WASSCE

Distinguish between increase in demand and increase in quantity demand of a commodity

  • 0

Distinguish between increase in demand and increase in quantity demanded of a commodity

2018commoditydemandeconomicswassce
  • 1 1 Answer
  • 4 Views
Answer
Stanley Michael Oppong
  • 1
Stanley Michael OppongPundit
Asked: May 9, 2020In: Economics

What is “Zero Elastic Supply” and what are its effects on the economy?

  • 1

Please provide details. 

demandelasticitysupply
  • 1 1 Answer
  • 330 Views
Answer

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