The factor of production that has the highest degree of mobility is
Land
Labour
Capital
Entrepreneurship
Correct answer is B
No explanation has been provided for this answer.
The advantages which firms obtain directly from expanding their operations are referred to as?
Internal economies of scale
External economies of scale
Economics of localization
Economies of resources allocation
Correct answer is A
No explanation has been provided for this answer.
N100 Million
N300 Million
N1,000 Million
N1,200 Million
Correct answer is D
No explanation has been provided for this answer.
What is meant by labour supply?
Number of people in working population
Number of men and hours they work
Number of hours during which the middle aged persons work
Number of workforce multiplied by the hours they work
Correct answer is A
No explanation has been provided for this answer.
96,000
192,000
288,000
470,400
Correct answer is D
No explanation has been provided for this answer.