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4766

What will be the likely effect if agriculture is fully mechanized in West Africa?

  • A. More jobs will be available for farm labourers
  • B. Labour intensive method of farming will still be dominant
  • C. Less labour will be required on the farm
  • D. Governments will no longer be involved in agriculture
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4767

Locating firms in urban areas 

  • A. reduce rural-urban migration.
  • B. ensure balanced development of rural areas.
  • C. make a firm enjoy the bene- fits of the existence of other firms.
  • D. increase urban-rural migration.
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4768

 An advantage a small firm has over a large firm is that the former can better

  • A. enjoy financial economics of scale
  • B. satisfy individual tastes.
  • C. enjoy internal economics of scale.
  • D. attract huge discounts on inputs.
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4769

National income estimates will be understated as a result of the activities of

  • A. subsistence farmers.
  • B. musicians.
  • C. laundry women.
  • D. housekeepers.
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4770

Use the table below to answer this question.

 Gross National Product  $400m
 Depreciation  $100m
 Total Population  25m

The value of Net National Product is

  • A. $100 m
  • B. $275 m
  • C. $300 m
  • D. $500m
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