Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

127

Which of the following coordinates other factors of production to achieve set objectives?

  • A. Land
  • B. Labour
  • C. Enterprenuer
  • D. Capital
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128

Farming is an activity that falls under?

  • A. tertiary occupation
  • B. commercial occupation
  • C. extractive occupation
  • D. secondary occupation
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129

Farming is an activity that falls under?

  • A. tertiary occupation
  • B. commercial occupation
  • C. extractive occupation
  • D. secondary occupation
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130

Which of the following is an advantage of indigenization?

  • A. Checks exploitation by citizens
  • B. Business risk are shared
  • C. Fosters self-reliance
  • D. Leads to monopoly of power
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131

Which of the following is an advantage of indigenization?

  • A. Checks exploitation by citizens
  • B. Business risk are shared
  • C. Fosters self-reliance
  • D. Leads to monopoly of power
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132

The form of trade practised by the early men was characterized by?

  • A. exchange of goods for money
  • B. efficient distribution system
  • C. exchange of goods for goods
  • D. organized warehousing
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133

The form of trade practised by the early men was characterized by?

  • A. exchange of goods for money
  • B. efficient distribution system
  • C. exchange of goods for goods
  • D. organized warehousing
View Answer & Discuss WAEC 2005