by Sunday | Oct 21 | Economics JAMB
A. The industry has many differentiated products B. The industry is characterized by rapid technological change C. The industry consists of large number of producers D. There are significant barriers to prevent firms entering the market Correct Answer: Option D...
by Sunday | Oct 21 | Economics JAMB
A. Paris, France B. Geneva, Switzerland C. Lagos, Nigeria D. Vienna, Austria Correct Answer: Option D – Vienna, Austria Explanation The OPEC Secretariat is the executive organ of the Organization of the Petroleum Exporting Countries (OPEC). Located in Vienna, it...
by Sunday | Oct 21 | Economics JAMB
A. Labour and capital are close substitutes B. Labour costs are only a small proportion of total costs C. Demand for the final product that the labour produces is elastic D. A large quantity of unemployed labour is available in the economy Correct Answer: Option B...
by Sunday | Oct 21 | Economics JAMB
A. consumer surplus B. indifference curve C. budget constant D. goods of necessity Correct Answer: Option B – indifference curve Explanation An indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction and...
by Sunday | Oct 21 | Economics JAMB
A. level of technology B. government policy C. Entry of new firms D. Price of the commodity Correct Answer: Option C – Entry of new firms Explanation Factors Affecting the Supply of a Commodity Price of the given Commodity Cost of Production: Natural Conditions...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.