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JAMB Economics 2008 Objective — Question 18

Question 18 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2008 Objective paper, with the correct answer and a full explanation.

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Individual markets differ from each other according to

  • A. the degree of competitionCorrect
  • B. the volume of trade
  • C. the number of buyers
  • D. its composition

Explanation

Individual markets differ from each other according to the degree of competition.

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