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Commerce 2011 JAMB Past Questions

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6

Resources obtained from the extractive sector that are transformed into finished products are examples of?

  • A. primary production
  • B. tertiary production
  • C. direct production
  • D. secondary production
View Answer & Discuss (2) JAMB 2011
7
Which of the following is a limitation of division of labour?
  • A. Decline in craftmanship
  • B. Monotony of work
  • C. Reduction in output
  • D. Reduction in labour force
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8

An individual that links the producer with the retailer is?

  • A. an agent
  • B. a wholesaler
  • C. an entrepreneur
  • D. a principal
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9

One of the functions of a retailer is the?

  • A. financing of production activities
  • B. provision of credit facilities to relations
  • C. provision of jobs for customers
  • D. breaking of bulk
View Answer & Discuss (2) JAMB 2011
10

The main frame of selling directly to the consumers by manufacturers is to?

  • A. reduce transportation cost
  • B. make contact with individual consumers
  • C. discourage the activities of middlemen
  • D. maximize profit margin
View Answer & Discuss JAMB 2011
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