by Sunday | Oct 21 | Economics JAMB
A. total Profit made after sales B. amount of goods produced C. total money realized from sales D. amount spent on purchases Correct Answer: Option C – total money realized from sales Explanation Revenue can be defined as the income generated by a firm from the...
by Sunday | Oct 21 | Economics JAMB
A. land tenure system B. ignorance of the farmers C. use of crude implement D. provision of food for the teeming population Correct Answer: Option D – provision of food for the teeming population
by Sunday | Oct 21 | Economics JAMB
A. law of demand B. law of diminishing returns C. law of diminishing marginal utility D. law of returns to scale Correct Answer: Option B – law of diminishing returns
by Sunday | Oct 21 | Economics JAMB
A. Prime cost B. Explicit cost C. Average cost D. Implicit cost Correct Answer: Option A – Prime cost Explanation A prime cost is the total direct costs of production including raw materials and labour.
by Sunday | Oct 21 | Economics JAMB
A. Low-interest charges on loans B. High standard of living C. Low foreign exchange rate D. Improvements in infrastructure Correct Answer: Option D – Improvements in infrastructure Explanation Nearness to raw material. Availability of source of power. Physical...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.