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2301
industry can be define as
  • A. several firms producing different commodities
  • B. group of firms producing similar commodities
  • C. different firms producing equal number of commodities
  • D. many firms producing for exports
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2302
Which of the following is a disadvantage of large scale production?
  • A. market economies
  • B. managerial economies
  • C. personal organization
  • D. division of labour
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2303
Which of the following is a disadvantage of large scale production?
  • A. market economies
  • B. managerial economies
  • C. personal organization
  • D. division of labour
View Answer & Discuss (1) WAEC 2008
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2304
The national income off a country can be estimated through the
  • A. output approach
  • B. input approach
  • C. empirical approach
  • D. census approach
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2305
A medium of exchange which is generally acceptable is
  • A. bater
  • B. a cheque
  • C. government bond
  • D. money
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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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