The types of unemployment that evolved the use of machines to replaces human labour is known as
Cyclical unemployment
Frictional unemployment
Seasonal unemployment
Structural unemployment
Technological unemployment
Correct answer is B
No explanation has been provided for this answer.
The introduction of money into the economy has helped to resolve the following problems EXCEPT
Accessibility of needs
Availability of goods
Coincidence of wants
Making deferred payments
Measure and store of value
Correct answer is A
No explanation has been provided for this answer.
The following are the main problems of distribution of essential commodities in Nigeria EXCEPT
Excessive demand
Hoarding of goods
Long chain of distribution
Poor storage facilities
Poor transportation network
Correct answer is A
No explanation has been provided for this answer.
When total utility is at maximum, then marginal utility is
Decreasing
Increasing
Maximum
Negative
Zero
Correct answer is E
No explanation has been provided for this answer.
Amount of money derived by a manufacture
A number of things a consumer will enjoy at a time
Amount of satisfaction derive from the consumption of a commodity at a particular time
Amount of satisfaction giving to a producer
Total profit producers will get at a particular time
Correct answer is C
No explanation has been provided for this answer.