by Sunday | Oct 30 | Economics JAMB
A. Quantity demanded and supplied will be equal B. Quantity supplied will be greater than quantity demanded C. Quantity demanded will increase D. Quantity demanded will decrease Correct Answer: Option C – Quantity demanded will...
by Sunday | Oct 30 | Economics JAMB
A. the movement of goods and services is restricted B. there is adequate knowledge of existing prices C. prices are centrally administered D. individual economic units can influence prices Correct Answer: Option B – there is adequate knowledge of existing...
by Sunday | Oct 30 | Economics JAMB
A. sells inputs to purchase fixed assets B. varies all its inputs C. sources all its inputs from within D. replaces all its inputs Correct Answer: Option B – sells inputs to purchase fixed assets
by Sunday | Oct 30 | Economics JAMB
A. total revenue B. marginal revenue C. average revenue D. price Correct Answer: Option D – price
by Sunday | Oct 30 | Economics JAMB
A. an increase in short-run average cost B. an increase in long-run average cost C. a decrease in long-run average cost D. a decrease in short-run average cost Correct Answer: Option B – an increase in long-run average cost
by Sunday | Oct 29 | Economics JAMB
A. average variable cost B. marginal cost C. average total cost D. average fixed cost Correct Answer: Option B – marginal cost
by Sunday | Oct 29 | Economics JAMB
A. scarce resources in order of importance B. needs in order of importance C. sources of income and their importances D. requirements and how to satisfy them Correct Answer: Option B – needs in order of importance
by Sunday | Oct 29 | Economics JAMB
A. centrally planned economy B. free market economy C. developed economy D. mixed economy Correct Answer: Option A – centrally planned economy
by Sunday | Oct 29 | Economics JAMB
A. indeterminate B. direct C. nil D. inverse Correct Answer: Option C – nil
by Sunday | Oct 29 | Economics JAMB
A. the quantity supplied is responsive to price B. the same fixed quantity will be supplied no matter the price C. an increase in price will result in an increase in the quantity supplied D. there is a fixed price for the commodity below which no supply will be made...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.