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986
Which of the following is an example of a fixed cost?
  • A. Fuel cost
  • B. Electricity bill
  • C. Rent on building
  • D. Transportation cost
View Answer & Discuss (1) JAMB 2001
987
In the agricultural sector, improved extension services facilitate?
  • A. acquistion of techniques
  • B. arable crop production
  • C. mobility of labour
  • D. livestock production
View Answer & Discuss (2) JAMB 2001
988
A disadvantage of concentrating industries in an area is that it could?
  • A. lead to conclusion among the firms
  • B. result in evironmental pollution
  • C. bring about diseconomies of scale
  • D. increase the cost of production
View Answer & Discuss (1) JAMB 2001
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989
The losses suffered by a sole proprietor are?
  • A. usually equal to the amount invested
  • B. usually less than the amount invested
  • C. limted to the amount invested
  • D. not limited to the amount invested
View Answer & Discuss (3) JAMB 2001
990
To facilitate the exportation of crude oil from Nigeria, special?
  • A. airstrips were constructed for jets to evacute the oil
  • B. roads were built to connect the major oil wells to the ports
  • C. pipelines were laid to connect the major oil wellsto the ports
  • D. railway lines were constructed to connect the major oil wells to the ports
View Answer & Discuss JAMB 2001
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