2021 - JAMB Economics Past Questions and Answers - page 2
Palm oil industry is located in Old Bendel State because the state______
Which of the following sets fully represents factors of production?
Which of the following countries is not a member of the Economic Community of West African States?
Oligopoly means _________
Use the table below to answer the question below;
The international production set for Nigeria and Austria is;
| Products | Nigeria | Austria |
| Cocoa | 20 tonnes | 12 tonnes |
| Lace | 1o metres | 8 metres |
<p>The Opportunity cost ratio tor cocoa and lace Tor Austria and Nigeria is_______</p></div>
Use the table below to answer the question below;
The international production set for Nigeria and Austria is;
| Products | Nigeria | Austria |
| Cocoa | 20 tonnes | 12 tonnes |
| Lace | 1o metres | 8 metres |
<p>From the table, it can be deduced that_______</p></div>
The PAYE ( Pay As You Earn) in Nigeria is an example of ______
A good measure of the standard of living usually used for international comparison is_______
What is the most important factor influencing the location of the iron and steel industry at Ajaokuta?
The Power Holding Company of Nigeria (PHCN) is a ________