Africa Exams
Where Preparation Meets Success
Home
Botswana
Botswana PSLE Papers
Botswana JCE Papers
Botswana BGCSE Papers
Ghana
Ghana BECE Exams
Kenya
Kenya KCPE Papers
Kenya KCSE Papers
Kenya KASNEB Papers
Nigeria
WAEC Exams
JAMB Exams
Rwanda
Rwanda Primary Papers
Rwanda Secondary Papers
Uganda
Uganda PLE Papers
Uganda UCE Papers
Uganda UACE Papers
Certifications
Technical
Cloud Tech Certifications
Security Tech Certifications
Management
IT Infrastructure
More
About
Contact Us
Our Apps
Privacy
+
-
Test Index
JAMB Economics 2017 Paper
Show Para
Hide Para
Share question:
© africaexams.com
Question : 29
Total: 50
When the government fix the price of essential commodities, this is referred to as:
Price equilibrium
Price control
Demanded price
Asking price
Validate
Solution:
Price control policy refers to how the government or its agency fixes the price of essential commodities. Price control is carried out in Nigeria by the price control board.
© africaexams.com
Go to Question:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
Prev Question
Next Question