Jamb Commerce Past Questions and Answers

Question 1086:

• JAMB 2014

Cooperation and friendliness are enhanced among nations through interdependence necessitated by

A. Tourism
B. Commerce
C. Agriculture
D. Socio-cultural activities

Question 1087:

• JAMB 2014

One of the products of an extractive industry is

A. An airplane
B. An iron ore
C. A shoe
D. A textile material

Question 1088:

• JAMB 2014

The payment for direct service is usually made by the

A. Local authority
B. Community
C. Government
D. Individual

Question 1089:

• JAMB 2014

An important feature of land is that it

A. Has an elastic supply
B. Is an active factor of production
C. Is heterogenous in nature
D. Is subject to returns to scale

Question 1090:

• JAMB 2014

One of the major determinants of the volume of production is

A. The market size
B. The availability of banks
C. Sex distribution
D. Government policy