economics

An accurate population census is important in other to?

A. produce more food for the growing population B. provide employment opportunities for the people C. estimate a country's per…

4 years ago

An accurate census figure is an important tool for planners in?

A. providing employment B. siting industries C. providing social amenities D. allocating resources Correct Answer: Option C - providing social…

4 years ago

The voting power in co-operative societies is vested on?

A. management B. members without loan C. shareholders D. members with the highest contribution Correct Answer: Option C - shareholders…

4 years ago

Firms embark on vertical integration in other to?

A. take over markets formally controlled by other firms B. prevent other firms from entering the market C. reduce advertisement…

4 years ago

The short-run average variable cost of a firm will rise owing to?

A. the expansion of factory space B. the building of new warehouse C. an increase in the cost of labour…

4 years ago

The loading of crude oil at the terminal is an activity in the?

A. downstream sector of the oil industry B. upstream and downstream sector of the oil industry C. upstream sector of…

4 years ago

The major contribution of OPEC to the Nigerian economy is the?

A. provision of social infrastructures B. granting of subsidies on petroleum products C. stabilization of oil prices D. building of…

4 years ago

One major factor that determines the location of an industry is?

A. tax exemption grant B. its proximity to the market C. the capital base D. the social responsibility of the…

4 years ago

A major disadvantage of localization of industry is?

A. the risk of structural unemployment B. over-utilization of installed industrial capacity C. the risk of seasonal unemployment D. under-utilization…

4 years ago

An advantage of large-scale farming over peasant farming is in the area of?

A. providing research and massive employment of labour B. redistributing national income to various regions of the country C. encouraging…

4 years ago