Jamb Economics 1999 Past Questions and Answers

Question 16:

• JAMB 1999

Which of the following falls continuously as output expands?

A. Average fixed cost
B. Marginal cost
C. Average variable cost
D. Average cost

Question 17:

• JAMB 1999

A major obstacle to rapid agricultural development in Nigeria is the?

A. Ineffective use of crude implements
B. Inability of farmers to adopt modern technology
C. Introduction of the Green Revolution programme
D. Declining population growth rate

Question 18:

• JAMB 1999

The land tenure system in Nigeria impedes agricultural production because?

A. Land fragmentation makes possible easy access to land ownership
B. It discourages specialization of factors of production
C. It limits opportunity for mass production of agricultral goods
D. Small land holders generally do not get enough fertilizer to use

Question 19:

• JAMB 1999

The major problem of cooperative societies in Nigeria is that?

A. They often lack cohersion and continuity
B. Their liability is unlimited to members
C. Voting is by proxy
D. Their management style is poor

Question 20:

• JAMB 1999

The primary objective of establishing the Export Process Zone is to?

A. Facilitate agricultural production
B. Encourage the production and processing of export commodities
C. Erect imported raw materials
D. Erect economic structures near the port