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Problems of private enterprises - Jamb Economics Past Questions and Answers

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Jamb Economics Past Questions

Jamb Past Questions and Answers on Problems of private enterprises

Question 1:


A demand which gives rise to the reverse of the law of demand is__________

A. Derived demand
B. Joint demand
C. Abnormal demand
D. Composite demand


Question 2:


Bondholders are treated more favorably than shareholders because

A. They are not liable for the companies losses
B. They greater voice in the electing board of the directors
C. They control the management
D. They have a prior claim on the companies assets
E. None of the above




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