by Sunday | Oct 21 | Economics JAMB
A. Fairly inelastic B. Perfectly inelastic C. Unitary elastic D. Perfectly elastic Correct Answer: Option C – Unitary elastic
by Sunday | Oct 21 | Economics JAMB
A. Derived B. Composite C. Competitive D. Joint Correct Answer: Option D – Joint Explanation Joint demand refers to the relationship between two or more commodities or services when they are demanded together to satisfy one want. There is joint demand for cars...
by Sunday | Oct 21 | Economics JAMB
A. Diversification of the economy B. Strict immigration law C. Paying unemployment benefits D. Restrictive fiscal policy Correct Answer: Option A – Diversification of the economy Explanation Economic diversification is the process of shifting an economy away...
by Sunday | Oct 21 | Economics JAMB
A. Price B. Satisfaction C. Cost D. Revenue Correct Answer: Option B – Satisfaction Explanation Utility is the satisfaction or benefit derived by consuming a product; thus the marginal utility of a goods or service is the change in the utilityfrom an increase in...
by Sunday | Oct 21 | Economics JAMB
A. Provision of welfare to the citizens B. That tax payers bear all the risks C. Public ownership of shares D. Individual funding of business activities Correct Answer: Option D – Individual funding of business activities Explanation Characteristics of the...
by Sunday | Oct 21 | Economics JAMB
A. Conflict of interest among members B. Increasing population C. Weakness in the trade relationship D. Language barrier Correct Answer: Option D – Language barrier Explanation PROBLEMS THE ECONOMIC COMMUNITY OF WEST AFRICAN STATES – Language barrier...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.