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Tambaya 1 Rahoto
Which of the following is the correct order in the chain of distribution?
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Tambaya 4 Rahoto
The following will occur when maximum price is fixed below the free market price EXCEPT that
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Tambaya 5 Rahoto
The satisfaction derived from Die consumption of a commodity is referred o as
Tambaya 6 Rahoto
The following are the objectives of agricultural policies in Nigeria EXCEPT
Tambaya 7 Rahoto
Which of the following is NOT a function of the IMF?
Tambaya 8 Rahoto
A business formation with a minimum of two and maximum of twenty persons is called
Bayanin Amsa
Tambaya 9 Rahoto
If the standard deviation of a set of numbers is 3.6, what is the variance?
Tambaya 11 Rahoto
Which of the following is NOT included in-measuring the National income through the income approach?
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Tambaya 12 Rahoto
A major characteristics of a firm operating at a long-run equilibrium position is that
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Tambaya 15 Rahoto
Which of the following is NOT a major role of OPEC in production, and marketing of petroleum?
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Tambaya 16 Rahoto
When an increase in the price of a commodity lead to a fall In the demand for aNOTher, the demand for the two commodities are said to be
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Tambaya 17 Rahoto
Range is NOT the best method of measuring dispersion because it considers only the
Tambaya 18 Rahoto
The system of farming which involves the use of a large hectare of land planted with economic crops is known as
Tambaya 20 Rahoto
Under perfect competition, a profit maximizing firm will hire labour up to the point where the last unit of labor adds
Bayanin Amsa
Tambaya 22 Rahoto
Which of the following is NOT a positive contribution a petroleum to Nigeria economy?
Tambaya 23 Rahoto
An industry engaged in the extraction of raw materials and its conversion into semi-finished goods is called industry.
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Tambaya 24 Rahoto
The following are rewards for factors of production EXCEPT
Tambaya 25 Rahoto
The recent revolution of Cassava from ordinary food crop to export crop will lead to
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Tambaya 26 Rahoto
Which of the following will NOT bring about an increase in Labour force?
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Tambaya 27 Rahoto
The following can be used to improve a country’s balance of payment EXCEPT
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Tambaya 28 Rahoto
Which of the following is NOT a function of marketing boards in Nigeria?
Tambaya 30 Rahoto
If two bags of rice were sold for N1,250 a mouth ago and two weeks later, the same amount was used to procure one bag. This simply means that the value of money is
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Tambaya 31 Rahoto
If the population of a school is 600 and 60% are In JSS, how many students are in SSS?
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Tambaya 32 Rahoto
Which of the following is NOT associated with minimum price legislation?
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Tambaya 33 Rahoto
The trade-off between two commodities along the Production Possibility Curve (PPC) shows
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Tambaya 34 Rahoto
Production is said to be complete when goods and services gets to the
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Tambaya 35 Rahoto
An industry operating in a perfect competitive market situation will maximum profit when
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Tambaya 38 Rahoto
ECOWAS secretariat is located in
Tambaya 39 Rahoto
Stock exchange market deals with
Tambaya 41 Rahoto
Which of the following is a disadvantage of localization of industries?
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Tambaya 42 Rahoto
In the equation Q = a - bp + e; Q and P are .... Variables respectively.
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Tambaya 44 Rahoto
The use of tax and expenditure policy to regulate the economy is known as
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