by Sunday | Oct 20 | Economics JAMB
A. Unemployment B. Unlimited resources C. Scarcity of resources D. Overpopulation Correct Answer: Option C – Scarcity of resources Explanation Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among...
by Sunday | Oct 20 | Economics JAMB
A. Reviewing the land tenure system B. Ensuring even distribution of farm inputs C. Embarking on irrigation farming D. Establishing agricultural marketing boards Correct Answer: Option D – Establishing agricultural marketing boards Explanation Improving the...
by Sunday | Oct 20 | Economics JAMB
A. Nigeria produces cocoa more cheaply than Ghana B. Nigeria and Ghana produce at the same level C. Ghana produces cocoa more than Nigeria D. Nigeria produces more cocoa than Ghana Correct Answer: Option A – Nigeria produces cocoa more cheaply than Ghana...
by Sunday | Oct 20 | Economics JAMB
A. The price of the commodity B. Availability of factors of production C. The prices of factors of production D. Income of the consumers Correct Answer: Option D – Income of the consumers Explanation The Proportion of Consumer’s Income Spent: Another important...
by Sunday | Oct 20 | Economics JAMB
A. An indifference curve B. An exceptional demand curve C. A budget line D. An isoquant map Correct Answer: Option A – An indifference curve Explanation An indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction...
by Sunday | Oct 20 | Economics JAMB
A. An increase in supply B. No change in supply C. A decrease in supply D. A change in the quantity supplied Correct Answer: Option D – A change in the quantity supplied Explanation A change in the price of a good or service, holding all else constant, will...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.