Welcome to Schoolngr.com

Home   School   News   C B T   Classroom
Tuesday, 26 November 2024

RegisterLogin

Economics Past Questions


Question 411:


Disposable income is the same thing as

A. Personal income minus personal savings
B. Personal inome minus taxes
C. National income minus depriciation
D. Exports minus imports
E. Savings plus investments


Question 412:


Marginal cost is

A. Lowest cost of producing goods
B. The cost of production of the most efficient firm in the industry
C. Cost of production of the most inefficient firm in the industry
D. The cost of production of the last or extra unit of goods produced by a firm
E. The cost of production at which the minimum profit is obtained by a firm


Question 413:


Which of the following is not a form of business organization

A. A sole proprietorship
B. Cartel
C. Partnership
D. Joint stock
E. Cooperative society


Question 414:


As consumption of beer increases, its marginal utility to a drinker will

A. Increase
B. Remain constant
C. Fluctuate
D. Decrease
E. Change proportionally


Question 415:


Which of the following sector of the economy is estimated to be the largest employer of labour in the country

A. Construction
B. Agriculture
C. Distribution
D. Mining and petroleum
E. Transport and communication






AboutContact usBack to Top
...

Disclaimer
All Views, Names, Acronyms, Trademarks, Expressed on this website are those of their respective owners. Please note that www.schoolngr.com is not affiliated with any of the institutions featured in this website. It is always recommended to visit an institutions or sources official website for more information. In the same vein, all comments placed here do not represent the opinion of schoolngr.com


SCHOOLNGR - © 2020 - 2024 - Tayo Hammed | Terms Of Service | Copyright | Privacy Policy