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Investments with long life span in agricultural economics are otherwise known as

Agricultural Science
JAMB 2020

Investments with long life span in agricultural economics are otherwise known as

  • A. capital
  • B. entrepreneurship
  • C. savings deposit
  • D. profit
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Correct Answer: Option A
Explanation

Capital can be goods or money used in a business for production and to yield profit over a long Period of time.Capital is a factor of production.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts