by Sunday | Oct 20 | Economics JAMB
A. Nigeria produces cocoa more cheaply than Ghana B. Nigeria and Ghana produce at the same level C. Ghana produces cocoa more than Nigeria D. Nigeria produces more cocoa than Ghana Correct Answer: Option A – Nigeria produces cocoa more cheaply than Ghana...
by Sunday | Oct 20 | Economics JAMB
A. The price of the commodity B. Availability of factors of production C. The prices of factors of production D. Income of the consumers Correct Answer: Option D – Income of the consumers Explanation The Proportion of Consumer’s Income Spent: Another important...
by Sunday | Oct 20 | Economics JAMB
A. An indifference curve B. An exceptional demand curve C. A budget line D. An isoquant map Correct Answer: Option A – An indifference curve Explanation An indifference curve is a graph showing combination of two goods that give the consumer equal satisfaction...
by Sunday | Oct 20 | Economics JAMB
A. An increase in supply B. No change in supply C. A decrease in supply D. A change in the quantity supplied Correct Answer: Option D – A change in the quantity supplied Explanation A change in the price of a good or service, holding all else constant, will...
by Sunday | Oct 20 | Economics JAMB
A. Adequate knowledge of existing prices B. The influence on prices by individual economic units C. The restriction in terms of movement of goods and services D. The administration of a centralized price system Correct Answer: Option A = Adequate knowledge of existing...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.