Which of the following hinder(s) effective distribution of goods in Nigeria?
Branding and packaging of goods
Good transportation network
Large quantity of goods
Numerous middlemen
Warehousing facilities
Correct answer is D
No explanation has been provided for this answer.
One of the roles of industrialization in economic development of Nigeria is
Employment generation
Environmental pollution
Target of enemy’s attack
Unemployment
Uneven development
Correct answer is A
No explanation has been provided for this answer.
A production possibility curve shows the
Resources used to produce a particular commodity
Possible combinations of two commodities
Rate of inflation
Rate of unemployment in the country
Tabular illustration of production possibilities
Correct answer is B
No explanation has been provided for this answer.
In a given set of data, if the variance is 25, what is the standard deviation?
45
5
55
10
12
Correct answer is B
No explanation has been provided for this answer.
The amount of satisfaction per unit of the commodity consumed is called
Average cost
Average utility
Marginal cost
Marginal utility
Total utility
Correct answer is B
No explanation has been provided for this answer.