Question 301:

• JAMB 2015

All the following are types of specialization except

A. Manager Specialization
B. Product specialization
C. Specialization by sex
D. Geographical specialization

Question 302:

• JAMB 2015

A market will be at equilibrium when

A. Demand and supply are equal
B. Demand is greater than supply
C. Price is higher
D. Supply is greater than demand

Question 303:

• JAMB 2015

Which of the following will shift the demand curve for Bournvita to the right

A. A rise in price of Bournvita
B. An increase in income
C. A tax on cocoa producer
D. A fall in price of Bournvita

Question 304:

• JAMB 2015

Mr. Patrick’s income is N900 while that of Mr. Shodawe is N1,300. if Mr. Patrick and Shodawe pay N90 and N130 as taxes, the tax system is

A. Direct
B. Progressive
C. Regressive
D. Proportional

Question 305:

• JAMB 2015

Which of the following is not a type of unemployment

A. Factory unemployment
B. Structural unemployment
C. Mass unemployment
D. Frictional unemployment