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The primary motive for an individual engaging in production is to

Economics
JAMB 2010

The primary motive for an individual engaging in production is to

  • A. make profit
  • B. satisfy basic human wants
  • C. redistribute wealth
  • D. put inputs into use
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Correct Answer: Option A
Explanation

The main motive of a business organization, especially private business enterprise is to make profit. 

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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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