JAMB Economics Past Questions & Answers - Page 219

1,091.

Localization of industries in Nigeria is mainly influenced by

A.

Market size

B.

Population groupings

C.

Raw materials

D.

External economies

Correct answer is D

No explanation has been provided for this answer.

1,092.

During a conflict between management and workers, the union's bargaing power is based on

A.

Work-to-rule

B.

Negotiation

C.

Picketing

D.

Management decision

Correct answer is B

No explanation has been provided for this answer.

1,093.

The major contribution of the petroleum industry to the Nigerian economy is the

A.

Generation of revenue for the oil companies

B.

Provision of employment opportunities for communites

C.

Generation of revenue for government

D.

Promotion of industrial harmony

Correct answer is C

No explanation has been provided for this answer.

1,094.

The short-run inelasticity of supply of agricultural produce causes

A.

Stability in prices

B.

A steady rise in prices

C.

A steady decline in prices

D.

Instability in prices

Correct answer is B

No explanation has been provided for this answer.

1,095.

Population density is described as the

A.

Average number of people per square kilometre

B.

Average number of people in a country

C.

Total population excluding migration

D.

Total population including net migration

Correct answer is A

No explanation has been provided for this answer.