by Sunday | Oct 30 | Economics JAMB
A. equity financing B. stock financing C. debt financing D. loan financing Correct Answer: Option A – equity financing Explanation Stocks are sometimes called equity because the buyer of the stock has part ownership of the company (that initially issued the...
by Sunday | Oct 30 | Economics JAMB
A. company producing unrelated commodities B. group of firms producing related commodities C. group of firms producing distinct commodities D. firms producing differentiated commodities Correct Answer: Option B – group of firms producing related...
by Sunday | Oct 30 | Economics JAMB
A. airstrips were constructed for jets to evacuate the oil B. roads were built to connect the major oil wells to the ports C. pipelines were laid to connect the major oil wells to the ports D. railway lines were constructed to connect the major oil wells to the ports...
by Sunday | Oct 30 | Economics JAMB
A. usually equal to the amount invested B. usually less than the amount invested C. limted to the amount invested D. not limited to the amount invested Correct Answer: Option D – not limited to the amount invested
by Sunday | Oct 30 | Economics JAMB
A. lead to conclusion among the firms B. result in evironmental pollution C. bring about diseconomies of scale D. increase the cost of production Correct Answer: Option B – result in evironmental pollution
by Sunday | Oct 30 | Economics JAMB
A. acquisition of techniques B. arable crop production C. mobility of labour D. livestock production Correct Answer: Option A – acquisition of techniques
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