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376
A monopolist will practice price discrimination in two markets if?
  • A. the cost of separating the markets is large
  • B. the markets have different elasticities of demand
  • C. there is free flow of information in the two markets
  • D. there is a patent of the commodity
View Answer & Discuss JAMB 1986
377
In the normal channels of distribution the breaking of bulk is performed by the
  • A. producer
  • B. wholesaler
  • C. retailer
  • D. consumer
View Answer & Discuss (1) JAMB 1986
378
The most important advantage of co-operative societies is?
  • A. their high degree of democracy
  • B. the increase inthe cost of marketing
  • C. that member are encouraged to save money
  • D. the possibility of raising loans for the members
View Answer & Discuss (3) JAMB 1986
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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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379
In a public company, shares are?
  • A. sold to one person only
  • B. distributed freely
  • C. advertised to members of the public for subscription
  • D. disposed by the Chief Executive
View Answer & Discuss JAMB 1986
380
Which of the following is a characteristic of private limited liability company?
  • A. its shares can be sold to the public
  • B. the number of shareholders ranges from fifty to one hundred
  • C. all shareholders have equal powers and responsibilities
  • D. the number of shareholders ranges from two to fifty
View Answer & Discuss JAMB 1986
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts