In this table, the marginal product of the 2nd worker and the average product of the 5th worker respectively are?
A. 23 and 20 B. 22 and 19 C. 14 and 19 D. 11 and 20 Correct Answer: Option B – 22 and 19
In the circular flow of income below, the direction of flow of payments for consumption purchases is shown by the arrow
A. K B. L C. M D. N Correct Answer: Option A – K
International trade takes place because of difference in?
A. production cost B. language C. government policy D. currency E. international boundary Correct Answer: Option A – production cost
Where is the headquarter of the African Development Bank (AfDB) located?
A. Lome B. Adis Ababa C. Accra D. Lagos E. Abdijan Correct Answer: Option E – Abdijan
Where was oil first discovered in commercial quantities in Nigeria?
A. Oloibiri B. Warri C. Elesa Eleme D. Onitsha E. Port Harcourt Correct Answer: Option A – OloibiriProducts
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Land Ownership Principles and Transaction Laws in Nigeria
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