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NECO offline past questions - All questions, answers & explanations in one app 25712
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116
Which is NOT a method of raising capital funds in Nigeria?
  • A. Borrowing from abroad
  • B. Internal borrowing
  • C. Nigerianization of foreign companies
  • D. Gifts from abroad
  • E. Saling government bonds
View Answer & Discuss JAMB 1980
117
If a firm doubles its output and its cost increase by 60%, the firm is experiencing
  • A. increase cost
  • B. economies of scale
  • C. decreasing returns
  • D. decreasing cost
  • E. none of the above
View Answer & Discuss (2) JAMB 1980
118
The fundamental problem of Economics is?
  • A. money
  • B. poverty
  • C. unemployment
  • D. the scarcity of resources relative to wants
  • E. inflation
View Answer & Discuss (4) JAMB 1980
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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119
If you do not have to give anything in order to get a particular thing, then its opportunity cost is?
  • A. zero
  • B. not measurable
  • C. its price in money
  • D. infinite
  • E. equal to one
View Answer & Discuss (1) JAMB 1980
120
Which of the following is the standard concept for measuring and analyzing population growth?
  • A. The rate of natural increase
  • B. The net migrate
  • C. The rate of population increase
  • D. The fertility rate
  • E. All of the above
View Answer & Discuss JAMB 1980
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Project Topics and Materials, Post-UTME past questions - Download now or upload yours to get paid
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts