A negative effect of the discovery of petroleum on the Nigerian economy is
Conversion of the economy into a mono product type
Development of infrastructures
Encouragement of international recognition
Provision of job opportunities
Rapid industrialization
Correct answer is A
No explanation has been provided for this answer.
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.