WAEC Economics 2010 Question 2

Question 2

Theory of Production

A tent-making factory offers

  1. A.personal services.
  2. B.indirect services.
  3. C.social services.
  4. D.reflex services.
Show the answer and explanation

Answer: B (indirect services.)

Explanation

A factory serves consumers indirectly through the goods it makes, not by personal contact.