economics

The following are advantages of large scale agriculture except?

A. use of simple implements B. use of sophisticated implements C. an increase in employment D. integration of crops and…

6 years ago

The role of government in promoting agricultural development includes the following except?

A. paying the wages of farmers B. establishing and funding research C. formulation of policies D. provision of rural infrastructures…

6 years ago

Which of the following does not explain why a school principal earns more salary than a school messenger?

A. length of training B. demand and supply C. cost of training D. the messenger is a non-teaching staff Correct…

6 years ago

An efficient weapon used in resolving dispute between employers and employees is?

A. co-operation B. collective bargaining C. display of placards D. legal action Correct Answer: Option B B. collective bargaining

6 years ago

A country whose population size is too small relative to its resource is?

A. overpopulated B. optimally populated C. underpopulated D. producing the optimum output Correct Answer: Option C C. underpopulated

6 years ago

The wholesaler performs the following function except?

A. breaking the bulk B. offering credit facilities to the consumers C. financing manufacturers D. buying in bulk from manufacturers…

6 years ago

Which of the following is obtainable in a perfect market?

A. P = MR > AR B. MP = MC > P C. MR < P D. P = MR…

6 years ago

One advantage of the Sole Proprietorship over other forms of business organization is that it can?

A. make very high profits B. employ many workers C. keeps its affair private D. produce on a very large…

6 years ago

The public sector of an economy includes?

A. cooperative societies B. nationalized industries C. joint stock companies D. pressure groups Correct Answer: Option B B. nationalized industries

6 years ago

All the following are the source of finance to a joint-stock company except?

A. debentures B. cooperative loans C. shares D. bank loans Correct Answer: Option B B. cooperative loans

6 years ago