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Economics 2000 JAMB Past Questions

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16
The concept of privatization presupposes?
  • A. efficiency
  • B. marketing trade
  • C. indigenization
  • D. foreign trade
View Answer & Discuss JAMB 2000
17
One problem in the marketing of agricultural products in Nigeria is?
  • A. the seasonal nature of the commodities
  • B. high price of the commodities
  • C. the changing tastes of consumers
  • D. inadequate storage facilities
View Answer & Discuss JAMB 2000
18

Increased output will cause farmers' revenue to decrease when market demand is?

  • A. elastic
  • B. inelastic
  • C. unitary elastic
  • D. perfectly elastic
View Answer & Discuss (5) JAMB 2000
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19
A primary industry is concerned with?
  • A. extraction of resources in their raw states
  • B. the operation of small scale enterprises
  • C. the economic activities of primary producers
  • D. clearing and cultivation of land only
View Answer & Discuss JAMB 2000
20
The slow pace of industrial growth in Nigeria can be attributed to?
  • A. overdependence on the oil sector
  • B. inadequate number of unskilled labour
  • C. lack of raw materials
  • D. inadequate infrastructural facilities
View Answer & Discuss (3) JAMB 2000
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