by Sunday | Dec 14 | Commerce JAMB
A. capital, labour, land and enterpreneur respectively B. land, enterpreneur,labour and capital respectively C. land, labour, capital and entrepreneur respectively D. labour, enterpreneur, land and capital respectively Correct Answer: Option C – land, labour,...
by Sunday | Dec 14 | Commerce JAMB
A. primary production B. tertiary production C. secondary production D. direct service Correct Answer: Option C – secondary production Explanation Secondary production: this is the manufacturing and assembly process. It involves converting raw materials into...
by Sunday | Dec 14 | Commerce JAMB
A. a community development worker B. a direct service worker C. an indirect service worker D. a direct and an indirect service worker Correct Answer: Option B – a direct service worker Explanation Direct services means services delivered by an employee in the...
by Sunday | Dec 14 | Commerce JAMB
A. Education and training B. Available resources C. Level of commitment D. Salaries and wages Correct Answer: Option A – Education and training Explanation Unskilled labour, when measured by educational attainment, refers to jobs that require a high school...
by Sunday | Dec 14 | Commerce JAMB
A. bilateral trade activities B. commercial activities C. multilateral trade activities D. stock market Correct Answer: Option B – commercial activities Explanation Commercial activity is an activity intended for exchange in the market with the goal of earning...