by Sunday | Oct 24 | Economics JAMB
A. 42 B. 85 C. 144 D. 213 Correct Answer: Option D – 213 Explanation marginal product is calculated as the change in the total number of units produced divided by the change in a single variable input. change in the total number of units = 425 – 212 = 213...
by Sunday | Oct 24 | Economics JAMB
A. N10.8 million B. N7.2 million C. N3.6 million D. N2.4 million Correct Answer: Option B – N7.2 million Explanation Let the total contribution be x 3,600,000 = 120/360 * X 3,600,000 = 1/3 X X = 3 *3,600,000 = 10,800,000 contribution of other sectors =...
by Sunday | Oct 24 | Economics JAMB
A. 600.0 B. 166.7 C. 60.0 D. 16.7 Correct Answer: Option D = 16.7 Explanation Percentage contribution of the transport sector = 60/360 x 100 16.66 approximately 16.7
by Sunday | Oct 24 | Economics JAMB
A. monopolistic B. oligopolistic C. monopsonistic D. competitive Correct Answer: Option A – monopolistic Explanation The word ‘Monopolistic’ relates to a person or business that has exclusive possession or control of the supply of or trade in a...
by Sunday | Oct 24 | Economics JAMB
A. the age of workers B. government policy C. trade unions D. wage rate differentials Correct Answer: Option D – wage rate differentials Explanation The mobility of labour refers to how easily workers can move to different jobs within the economy. One of the...
by Sunday | Oct 24 | Economics JAMB
A. size of a population available and willing to work B. population density of a place C. dependency ratio of a country D. size and categories of the labour force Correct Answer: Option D – size and categories of the labour force Explanation Occupational...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.