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Economics Past Questions

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4146

The type of business finances that entitles the holder to a fixed rate of dividend is?

  • A. preference stock
  • B. common stock
  • C. debentures
  • D. bank loan
View Answer & Discuss (5) JAMB 2020
4147

A company's expenditure on raw materials is regarded as?

  • A. explicit cost
  • B. implicit cost
  • C. prime cost
  • D. average cost
View Answer & Discuss (5) JAMB 2020
4148

Firms are often set up close to each other in order to take advantage of?

  • A. supply of skilled labour
  • B. agglomeration economies
  • C. internal economies of scale
  • D. external economies of scale
View Answer & Discuss (3) JAMB 2020
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4149

A situation in which a commodity is sold abroad below its cost of production in the home country is known as?

  • A. dumping
  • B. counter trade
  • C. bilateral trade
  • C. trade liberalization
View Answer & Discuss JAMB 2020
4150

The problem of conducting census include 

  • A. high rate of rural-urban migration
  • B. poor geographical distribution of population
  • C. high birth rate in the country
  • D. poor town planning in urban areas
View Answer & Discuss (2) JAMB 2020
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts