by Sunday | Oct 22 | Economics JAMB
A. feudal economy B. capitalist economy C. socialist economy D. mixed economy Correct Answer: Option D – mixed economy Explanation A mixed economy is an economic system combining private and state enterprise. This means economic activities in a country are...
by Sunday | Oct 22 | Economics JAMB
A. AFC B. MC C. AC D. AVC Correct Answer: Option B – MC Explanation Monopolies make profits by creating prices that are higher, and output that is lower. Profits would be eliminated when price is equal to marginal cost. That is the cost incurred by a firm by...
by Sunday | Oct 21 | Economics JAMB
A. 34 B. 32 C. 36 D. 16 Correct Answer: Option B – 32 Explanation Equilibrium price = quantity demanded = quantity supplied Equilibrium price = Qd = 40-2P = 6P+24 = Qs 40 – 2p + 2p = 6p+ 24 + 2p 40 = 6p + 26 40 =...
by Sunday | Oct 21 | Economics JAMB
A. 18m B. 17m C. 12m D. 9m Correct Answer: Option A – 18m Explanation To calculate the percentage each slice is worth, measure the angle of each slice and divide this by 360 then multiply it by 100. To find the number of pieces of data each slice...
by Sunday | Oct 21 | Economics JAMB
A. 15% B. 10% C. 54% D. 24% Correct Answer: Option C – 54% Explanation 126% + 72% + 108% = 306 360 – 306 = 54%
by Sunday | Oct 21 | Economics JAMB
A. level of total expenditure B. composition of consumer spending C. number of farmers D. size of the labour force Correct Answer: Option A – level of total expenditure
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.