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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
2906

A firm that charges the maximum price without attracting competition from new entrants is

  • A. Oil firms
  • B. Monopolistic competitive firm
  • C. Monopolistic firm
  • D. Perfectly competitive firm
View Answer & Discuss (2) JAMB 2015
2907
A monopolist has the power to influence the prices of goods and services. Therefore, he is a
  • A. price maker
  • B. price taker
  • C. price system
  • D. price competition
View Answer & Discuss JAMB 2015
2908

Which of the following business units can issue shares?

  • A. Partnership
  • B. Public limited liability company
  • C. Sole proprietorship
  • D. Central bank
View Answer & Discuss JAMB 2015
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2909

Which of the following are examples of transfer payment

  • A. gift and donations
  • B. rents and rates
  • C. profit and dividends
  • D. internal and external debts
View Answer & Discuss JAMB 2015
2910
The technical relationship between the physical inputs and the physical outputs of a firm is
  • A. Utility
  • B. Cost
  • C. Demand
  • D. Production function
View Answer & Discuss JAMB 2015
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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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