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2621

The development of commerce in west Africa was not hampered by

  • A. Inadequate capital
  • B. Inadequate means of transportation
  • C. Insurance
  • D. Low savings
View Answer & Discuss (5) JAMB 2015
2622

Which of the following is classified as an immaterial want?

  • A. Protection
  • B. Raw materials
  • C. Machines
  • D. Goods and Services
View Answer & Discuss (2) JAMB 2015
2623

In product pricing, which of these elements need more consideration than others?

  • A. The cost of producing the product
  • B. The economic conditions in the market
  • C. the demography of the buyers of the product
  • D. The demand for the product
View Answer & Discuss (2) JAMB 2015
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2624

The major determinant of fire insurance premium is the

  • A. Owner of the property
  • B. usefulness of the property to the owner
  • C. Type and structure of the property to be insured
  • D. extent of fire damaged anticipated.
View Answer & Discuss (3) JAMB 2015
2625

The agency in Nigeria which ensure that products conform to government quality specification is the

  • A. Nigerian consumers’ association
  • B. Manufacturers' Association of Nigeria
  • C. Standard Organization of Nigeria
  • D. Nigerian Chamber of commerce
View Answer & Discuss (1) JAMB 2015
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts