Meaning And Types Of Production - Economics Jamb Past Questions and Answers

Question 1 :

• JAMB 2019

The sector which contribute highly to the economy is___________

A. Primary sector
B. Secondary sector
C. Tertiary sector
D. Education sector

Question 2 :

• JAMB 2018

Which of the following persons is engaged in "Secondary Production"?
I - a bricklayer
II - an automobile assembly-line worker
III - an accountant
IV - a cinema projectionist

A. I only
B. I, II
C. II, III
D. I, II, III, IV

Question 3 :

• JAMB 1984

One of the advantages of large - scale production is that

A. There is a rise in the cost of administration
B. Consumers sacrifice their individual tastes
C. The firm can use labour - saving machinery
D. The demand for a firm's products become localized
E. Decision making takes a long time because different levels of management are involved

Question 4 :

• JAMB 1985

One main quality of a good is that it

A. Is sold in the market
B. Satisfies wants
C. Is made in the factory
D. Is always tangible
E. Is non-perishable

Question 5 :

• JAMB 1985

One main quality of a good is that it

A. Is sold in the market
B. Satisfies wants
C. Is made in the factory
D. Is always tangible
E. Is non-perishable