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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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1106
The distinction between perfect competition and monoplistic competition is that the latter is characterized by
  • A. a single market price
  • B. many buyers and sellers
  • C. product differentiation
  • D. homogeneity of product
View Answer & Discuss (4) JAMB 2004
1107
The downstream activities of oil companies in Nigeria involve
  • A. refining and distribution
  • B. prospecting and exploration
  • C. off-shore drilling
  • D. management of spillage and pollution
View Answer & Discuss JAMB 2004
1108
The movement of goods and services from the producers to the consumers is referred to as
  • A. external trade
  • B. the distribution chain
  • C. the circular flow
  • D. consumption
View Answer & Discuss JAMB 2004
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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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1109
The purpose of conducting a census is to enable a country to
  • A. plan her capital inflow and outflow
  • B. determine the optimum level of population
  • C. determine the growth rate of population
  • D. plan her growth and development
View Answer & Discuss JAMB 2004
1110
A major cause of the slow pace of industrialization in Nigeria is inadequate
  • A. raw materials
  • B. landmass
  • C. skilled labour
  • D. communal labour
View Answer & Discuss JAMB 2004
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