Waec 2025 Economics Question 16

Practice objective / multiple choice question 16 from the 2025 Waec Economics examination. This question covers Economics .

Waec 2025 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 16 WAEC • 2025 • ECONOMICS • objective

An increase in the price of a factor of production in an industry may cause A. an increase in supply of goods to decrease. B. more firms to enter the market. C. the government to increase taxes. D. the quantity supplied of the factor input to increase.

Answer Options

Correct Answer A. an increase in supply of goods to decrease.
B. more firms to enter the market.
C. the government to increase taxes.
D. the quantity supplied of the factor input to increase.
Correct Answer
A
Correct Option:
an increase in supply of goods to decrease.

About This Question

This is Waec 2025 Economics Question 16. It is one of the objective questions from the 2025 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

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