WAEC Economics 2013 Objective — Question 38
Question 38 of 50 from the West African Examinations Council (WAEC) Economics 2013 Objective paper, with the correct answer and a full explanation.
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Physical productivity is affected by all the underlisted factors except the
- A. state of technology
- B. quantity of inputs
- C. quality of inputs
- D. price of outputCorrect
Explanation
The price of output does not affect physical productivity; it is determined by technology and the quantity/quality of inputs.
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