Which of the following is a form of business enterprise?
Cartel
Entrepreneurship
Partnership
Stock exchange
Supermarket
Correct answer is C
No explanation has been provided for this answer.
Taxes levied on locally manufactured goods are called
Custom duties
Excise duties
Purchase tax
Sales tax
VAT
Correct answer is B
No explanation has been provided for this answer.
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.