Waec 2022 Economics Question 16

Practice objective / multiple choice question 16 from the 2022 Waec Economics examination. This question covers Economics .

Waec 2022 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 16 WAEC • 2022 • ECONOMICS • objective

A minimum price legislation is also called A. price ceiling; B. price floor; C. price control; D. price mechanism.

Answer Options

A. price ceiling
Correct Answer B. price floor
C. price control
D. price mechanism
Correct Answer
B
Correct Option:
price floor

About This Question

This is Waec 2022 Economics Question 16. It is one of the objective questions from the 2022 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

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