What is the elasticity of demand for commodity X, if at a price of N25 the quantity demanded is 80 and when the price is reduced to N20 the quantity demanded is 100?
See more
1995
In recent times, agriculture in Nigeria tends to lose its vital labour force as a result of?
See more
1995
Which of the following statement are TRUE of agriculture in Nigeria? (i) it provides food for the growing population? (ii) A large proportion of the population is engaged in agriculture.(iii) Agriculture products are use…
See more
1995
When public enterprises become commercialized, it means that?
See more
1995
One of the major advantages of public enterprises is that?
See more
1995
The major reason for the survival of small shops despite competition from large business enterprises is because of?
See more
1995
The major source of Nigeria's foreign exchange is the export of?
See more
1995
When compared with a labour-intensive industry, a capital-intensive industry employs more?
See more
1995
Infant industries denote industries which?
See more
1995
The crucial factors which determine the location of petroleum refineries in Nigeria are availability of raw materials and?
See more
1995
The government can influence the price of agriculture products by?
See more
1995
A bank is said to be distressed when it?
See more
1995
The best method to curb inflation in Nigeria is to
See more
1995
The sharp increase in the prices of most goods and services during the last quarter of 1994 in Nigeria were mainly due to?
See more
1995
the Central Bank's expansionary monetary policy is justified at a period?
See more
1995
The most important goal of OPEC is to?
See more
1995
An increasing population might be of economic benefit to a country if?
See more
1995
Ajanka, a medical student entitled to an annual allowance of N6,000, decides to leave the university to take up a job where he earns N7,000 per annum. By this singular act, the national income level will?
See more
1995
Which of the following is mostly used to determine the cost of living?
See more
1995
Which of the following is the cheapest for the government in improving the welfare of its citizens?