Which of the following is NOT a problem of population census in Nigeria?
Inadequate transportation
High birth rate
High cost
Mass illiteracy
Political interest
Correct answer is E
No explanation has been provided for this answer.
The unit of satisfaction dived from the consumption of an additional unit of a commodity is known as
Average utility
Marginal cost
Marginal product
Marginal utility
Total utility
Correct answer is D
No explanation has been provided for this answer.
Which of the following factors will NOT affect supply of maize in Nigeria?
Extension services to farmers
Improve technology
Price of maize
Quantity of wheat produced
Weather and climatic condition
Correct answer is D
No explanation has been provided for this answer.
Points outside the production possibility curves shows
Unequal allocation of resources among factors
Capital production level
Under utilization of resources
Unattainable production level
Effective consummation of resources
Correct answer is D
No explanation has been provided for this answer.
All the following are the objectives of economic planning EXCEPT to
Reduce the rate of inflation and achieve stable value for the naira
Encourage inflow of public and private capital
Evolve a sequential political transition and enthronement of popular government
Reduce economic dependence on foreign nations
Achieve full employment
Correct answer is C
No explanation has been provided for this answer.