Correct Answer: D. private investors and individuals

Correct Answer: A. increase

Explanation

When the demand for a commodity increases while supply remains unchanged, the equilibrium price and quantity will increase. This is because the increase in demand will create a shortage at the current price. As a result, sellers will be able to raise prices, and the quantity traded will increase.

The equilibrium price will increase until the quantity demanded equals the quantity supplied. At this point, the market will be in equilibrium again.

Correct Answer: B. devalue a country's currency

Explanation

One way to improve a deficit balance of payment is through devaluation. By devaluing the currency, the value of the home currency goes down against foreign currency. This means imports will become costlier as people will have to pay more for the local currencies to obtain a foreign currency that will be used to transact business. This invariably leads to a reduction in the demand for imports, which is one of the major causes of a deficit balance of trade/payment.

Correct Answer: B. 100\(^o\)

Explanation

2x = 3x - 50 alternate angle

50\(^o\) = 3x - 2x

50\(^o\) = x

< NPQ = (3x - 50)\(^o\)

= 3(500)\(^o\) - 50

= 150 - 50 = 100\(^o\)

Correct Answer: B. grains from cobs

Correct Answer: A. 40

Correct Answer: B. adequate capital

Correct Answer: C. myth

Correct Answer: B. 10cm

Correct Answer: C) there is poor enlightenment about consumer rights

Explanation

Consumer associations are organizations that work to protect the rights and interests of consumers. They aim to ensure that consumers are treated fairly by businesses and have access to safe and quality products and services. In Nigeria, the activities of consumer associations have not been effective due to poor enlightenment about consumer rights.

Poor enlightenment means that people are not well-informed or educated about their rights as consumers. This lack of awareness makes it difficult for consumer associations to advocate for and protect the rights of consumers. If consumers do not know their rights, they may be taken advantage of by businesses or face unfair practices without realizing it.

To improve the effectiveness of consumer associations, it is important to educate consumers about their rights. This can be done through campaigns, workshops, and awareness programs that aim to inform people about their rights as consumers, how to identify and report unfair practices, and how to seek redress when their rights are violated.

By increasing awareness and understanding of consumer rights, consumer associations can empower consumers to make informed choices, demand quality products and services, and hold businesses accountable for their actions. This will ultimately lead to a more effective protection of consumer rights and the activities of consumer associations in Nigeria.

In summary, the activities of consumer associations in Nigeria have not been effective because there is poor enlightenment about consumer rights. To improve effectiveness, it is important to educate consumers about their rights through awareness programs and campaigns.