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Economics · Oct / Nov 2019 · Paper 22 · Question 7

2281

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The question as text

More agricultural markets come close to perfect competition than markets for manufactured goods and for services. The goals of business organisations can vary between markets, and within markets. In 2017, the Nigerian government used supply-side policy measures to influence the goals and performance of firms in a range of markets and to lower firms’ average costs of production.

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  • 7(a)[2]

  • 7(b)[4]

  • 7(c)[6]

  • 7(d)[8]

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