NECO Past Questions and Answers - Page 168

836.

If the price Index of export is 140% and import is 200%, what is

A.

60

B.

70

C.

100

D.

140

E.

280

Correct answer is B

No explanation has been provided for this answer.

837.

Which of the following is a condition necessary

A.

Few sellers and buyers

B.

Free entry and exist

C.

Homogeneous goods

D.

Lack of preferential treatment

E.

Many callers and buyers

Correct answer is A

No explanation has been provided for this answer.

838.

The solution to problem of how to produce in a capitalist economy is solved by

A.

Combining aid labour means of production

B.

The producers involves

C.

Using capital Intensive method of production

D.

Using labour intensive method of production

E.

Using the method of production with the least cost

Correct answer is B

No explanation has been provided for this answer.

839.

A dynamo primarily converts

A.

Mechanical energy into electrical energy

B.

Electrical energy into kinetic energy

C.

Potential energy into kinetic energy

D.

Kinetic energy into potential energy

Correct answer is A

No explanation has been provided for this answer.

840.

Which of the following statements is NOT correct?

A.

Brownian motion is an evidence of the particle nature of matter

B.

Atoms combine to form molecules

C.

The molecules of matter are not in constant motion

D.

matter is made up of molecules

Correct answer is C

No explanation has been provided for this answer.