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426
What form of market is found in an imperfect competition where there are few buyers and many sellers?
  • A. Oligopoly
  • B. Monopoly
  • C. Duopoly
  • D. Oligopsony
View Answer & Discuss JAMB 1987
427
To which of the following sectors do services belong?
  • A. Primary
  • B. Secondary
  • C. Tertiary
  • D. Construction
View Answer & Discuss JAMB 1987
428
The liability of the sole trader is?
  • A. indeterminable
  • B. unlimited
  • C. transferable
  • D. limited
View Answer & Discuss JAMB 1987
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429
Which of the following is NOT a type of business ownership?
  • A. Debenture holding
  • B. private company
  • C. Parnership
  • D. Joint Stock venture
View Answer & Discuss JAMB 1987
430
Which of the following is a disadvantage of regional concentration of industries?
  • A. Development of congested urban areas
  • B. Existence of regional unempolyment
  • C. High cost of labour
  • D. Immobility of labour
View Answer & Discuss (1) JAMB 1987
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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