by Sunday | Dec 12 | Commerce JAMB
A. has an elastic supply B. is an active factor of production C. is heterogenous in nature D. is subject to returns to scale Correct Answer: Option B – is an active factor of production Explanation Land possesses the following characteristics: Free Gift of...
by Sunday | Dec 12 | Commerce JAMB
A. local authority B. community C. government D. individual Correct Answer: Option D – individual
by Sunday | Dec 12 | Commerce JAMB
A. an airplane B. an iron ore C. a shoe D. a textile material Correct Answer: Option B – an iron ore Explanation Any processes that involve the extraction of raw materials from the earth to be used by consumers. The extractive industry consists of any operations...
by Sunday | Dec 12 | Commerce JAMB
A. tourism B. commerce C. agriculture D. socio-cultural activities Correct Answer: Option B – commerce
by Sunday | Dec 12 | Commerce JAMB
# # Capital 8000 Plant and machinery 5000 Net profit 4000 Motor Van 4500 Drawings 200 Stock 2000 Creditors 2000 Debtors 1000 Accurals 300 Banks 100 Cash 600 14100 14100 A. 1 : 4 B. 5 : 1 C. 3 : 1 D. 2 : 1 Correct Answer: Option A – 1 : 4 Explanation Using the...
by Sunday | Dec 12 | Commerce JAMB
Given Opening stock 50,000 Purchases 200,000 Sales 350,000 Closing stock 80,000 A. N200,000 B. N190,000 C. N170,000 D. N175,000 Correct Answer: Option C – N170,000 Explanation The cost of goods sold is calculated through the formula below opening stock +...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.