In a public corporation, the risks of business are borne by the
Workers
Tax payers
Board members
Treasury
Correct answer is B
No explanation has been provided for this answer.
The reward for a shareholdership of a company is
Wages
Interest
Dividends
Profits
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not a condition for a perfect market?
Homogenous commodity
Ignorance of consumers
Perfect information
Free entry and exit
Correct answer is B
No explanation has been provided for this answer.
The monopolist power can be controlled by the government through
Labour union
Price legislation
Import restrictions
Export promotion
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not a trade union in Nigeria?
Nigerian Labour Congress
Academic Staff Union of Universities
Nigerian Economic Society
Nigerian Union of Journalists
Correct answer is C
No explanation has been provided for this answer.