The debts of a company can only be paid from its own assets
The debts of a company are paid from business as well as private funds of the owners
Government cannot tax the company
The debts of a company must be paid from private funds only
The company does not have to pay its debts
Correct answer is A
No explanation has been provided for this answer.
Nigeria should produce cocoa and lace
Austria should produce cocoa and lace
Nigeria can benefit from producing lace only
Nigeria should not produce any of the products because of her relative disadvantages
Austria should produce lace and Nigeria should produce cocoa
Correct answer is E
No explanation has been provided for this answer.
2,2
2,1.5
1.5,4
1.5,2
0.5,1.5
Correct answer is D
No explanation has been provided for this answer.
Diminishing marginal utility
Diminishing marginal productivity
Diminishing returns
Increasing returns
Increasing total utility
Correct answer is A
No explanation has been provided for this answer.
A firm is said to be a public Joint Stock Company when it
Is owned by the government
Is operated as a public corporation
Is operated in a non-democratic fashion
Sells shares to members of the public and publishes its account
Is a limited liability company
Correct answer is D
No explanation has been provided for this answer.