by Sunday | Oct 21 | Economics JAMB
A. it can intersect B. it slopes downward from left to right like that of a normal demand curve C. as it shifts rightward it indicates higher and higher level of satisfaction D. it does not intersect Correct Answer: Option A – it can...
by Sunday | Oct 21 | Economics JAMB
A. a rise in price of Bournvita B. an increase in income C. a tax on cocoa producer D. a fall in price of Bournvita Correct Answer: Option D – a fall in price of Bournvita Explanation A shift in demand does not affect other factors except price. Therefore, a...
by Sunday | Oct 21 | Economics JAMB
A. demand and supply are equal B. demand is greater than supply C. price is higher D. supply is greater than demand Correct Answer: Option A – demand and supply are equal Explanation if demand and supply are equal, it brings the market to the point of...
by Sunday | Oct 21 | Economics JAMB
A. Manager Specialization B. Product specialization C. Specialization by sex D. Geographical specialization Correct Answer: Option A – Manager Specialization Explanation The types of specialization are product, process, geographical/territorial specialization...
by Sunday | Oct 21 | Economics JAMB
A. two to twenty persons B. minimum of two and maximum of fifty C. minimum of seven and no maximum number D. owner owned by the government Correct Answer: Option C – minimum of seven and no maximum number Explanation In order for a company to be public, it...
by Sunday | Oct 21 | Economics JAMB
A. Scale of preference B. Indifference map C. Demand schedule D. Supply schedule Correct Answer: Option A – Scale of preference Explanation An indifference map represents different quantities of two goods between which a consumer is indifferent. this means that,...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.