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Factors Characteristics And Rewards Of Production - Commerce Jamb Past Questions and Answers

Commerce Questions And Answers On Factors Characteristics And Rewards Of Production
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Commerce Jamb Past Questions


Questions and Answers on Factors, characteristics, and rewards of production

Question 21 :



The conversion of raw materials into finished goods leads to the creation of?

A. Form utility
B. Product utility
C. Possession utility
D. Place utility


Question 22 :



Resources obtained from the extractive sector that are transformed into finished products are examples of

A. Primary production
B. Tertiary production
C. Direct production
D. Secondary production.


Question 23 :



One of the inputs in production that can be motivated by remuneration is

A. Capital
B. Enterpreneur
C. Labour
D. Land


Question 24 :



The type of labour that makes use of physical effort in production processes is the

A. Unskilled labour
B. Skilled labour
C. Blue-collar job
D. White-collar job


Question 25 :



The type of labour that makes use of physical effort in production processes is the

A. Unskilled labour
B. Skilled labour
C. Blue-collar job
D. White-collar job






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