by Sunday | Oct 24 | Economics JAMB
A. a change in supply B. a change in the quantity supplied C. an increase in the quantity supplied D. an increase in the quantity supplied Correct Answer: Option A – a change in supply Explanation A change in quantity supplied is a movement along the supply...
by Sunday | Oct 24 | Economics JAMB
A. 4.1 B. 67.2 C. 82.0 D. 91.8 Correct Answer: Option B – 67.2 Explanation The variance is the square root of the standard deviation. Hence we have; 8.2 x 8.2 = 67.24
by Sunday | Oct 24 | Economics JAMB
A. deductive reasoning B. inductive reasoning C. normative reasoning D. positive reasoning Correct Answer: Option B – inductive reasoning Explanation Inductive reasoning is a method of logical thinking in which you use observations combined with experiential...
by Sunday | Oct 24 | Economics JAMB
A. scale of preference and choice B. opportunity cost and choice C. wants and means D. opportunity cost and scale of preference Correct Answer: Option B – opportunity cost and choice Explanation The production possibilities curve (PPC) is a graph that shows all...
by Sunday | Oct 24 | Economics JAMB
A. command economy B. traditional economy C. market economy D. feudal economy Correct Answer: Option C – market economy Explanation Deregulation is the reduction or elimination of government power in a particular industry, usually enacted to create more...
by Sunday | Oct 24 | Economics JAMB
A. 53 B. 86 C. 212 D. 213 Correct Answer: Option A – 53 Explanation Average product is found by dividing the total product by the quantity of the variable input. The AP of the 4th unit of capital = 212/4 =...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.