by Sunday | Oct 23 | Economics JAMB
A. make profit B. satisfy basic human wants C. redistribute wealth D. put inputs into use Correct Answer: Option B – satisfy basic human wants Explanation The aim of production is to produce goods and services to satisfy the needs of people as per their...
by Sunday | Oct 23 | Economics JAMB
A. common tariff against non-member countries B. different trade policies of non-member countries C. free factor mobility within the zone D. harmonized trade among member countries Correct Answer: Option D – harmonized trade among member countries Explanation In...
by Sunday | Oct 23 | Economics JAMB
A. twenty B. five C. seven D. infinite Correct Answer: Option D – infinite Explanation There is no limitation on the number of shareholders a limited liability company can have
by Sunday | Oct 23 | Economics JAMB
A. instability in the demand for the products B. dominance of multinational firms C. instability in the supply of the product D. poor maintenance of the refineries Correct Answer: Option C – instability in the supply of the...
by Sunday | Oct 23 | Economics JAMB
A. spread development B. redistribute wealth C. encourage enterpreneurs D. encourage industries to earn high profits Correct Answer: Option A – spread development Explanation Government uses their powers to influence the location of industries for development of...
by Sunday | Oct 23 | Economics JAMB
A. spread of firms producing different products B. siting of industries near the market C. concentration of firms of an industry D. siting of firms producing different products Correct Answer: Option C – concentration of firms of an industry Explanation...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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