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  5. A necessary conditio...

A necessary condition for specialization in an economy is the existence of

Economics
JAMB 2004
A necessary condition for specialization in an economy is the existence of
  • A. a regulated market
  • B. a competitive market
  • C. a medium of exchange
  • D. adequate capital
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Correct Answer: Option D
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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Your School's Whatsapp Group - Join Us now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts