A. economic factor B. religious factor C. geographical factor D. social factor Correct Answer: Option A - economic factor Explanation…
A. Nigerian National Population commission B. Nigerian National Petroleum Corporation C. National Number of Petroleum Companies D. None of the…
A. Interest B. Rent C. Risk D. Premium Correct Answer: Option A - Interest Explanation Capital is the man made…
A. UNO B. ECOWAS C. OAU D. IMF Correct Answer: Option A - UNO Explanation The economic commission for Africa…
A. International monetary Fund B. Countries with comparative advantage C. Countries with superlative advantage D. Countries producing same or identical…
A. Control the growth of population B. Redistribute income between the rich and poor C. Satisfy all human wants D.…
A. Production B. Distribution C. Consumption D. Demand Correct Answer: Option A - Production Explanation Utility is an economic term…
A. Partnership B. Sole proprietorship C. Public limited liability company D. Private limited liability company Correct Answer: Option C -…
A. Fixed capital B. Social Capital C. Circulating capital D. Liquid capital Correct Answer: Option D - Liquid capital Explanation…
A. Finance agriculture B. establish banks C. acquire machinery D. build houses Correct Answer: Option D - build houses Explanation…