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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
4286

Mono production economies are those that____

  • A. Produce one main commodities
  • B. Have a rich cultural heritage.
  • C. Specialize in agricultural industries.
  • D. Produce only raw materials.
View Answer & Discuss (1) JAMB 2021
4287

Petroleum 'glut' in international trade means______

  • A. Higher prices for the Consumption of petroleum.
  • B. An Oversupply of petroleum.
  • C. A fall in in petroleum production.
  • D. A higher petroleum price offered by the buyer.
View Answer & Discuss (4) JAMB 2021
4288

Retailers in an economy perform the function of ______

  • A. Distribution.
  • B. Exchange
  • C. Investment
  • D. Production
View Answer & Discuss JAMB 2021
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4289

In a sole proprietorship, the decisions are made by the ______

  • A. Government
  • B. Management
  • C. Owner
  • D. Board of Directors
View Answer & Discuss JAMB 2021
4290

Palm oil industry is located in Old Bendel State because the state______

  • A. Land is suitable for oil
  • B. Is a palm tree growing area
  • C. Soil is unsuitable for other crops
  • D. Imports raw materials for palm oil industry
View Answer & Discuss JAMB 2021
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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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