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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 6:
JAMB 2008
The process of changing the form of a new material is known as?
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  • A Fabrication
  • B Extraction
  • C Conversion
  • D Production
View Answer & Explanation
Question 7:
JAMB 2008
In the long run, all factors of production are?
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  • A Fixed
  • B Variable
  • C Marginal
  • D Constant
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Question 8:
JAMB 2008
The quality and quantity of production mostly depend on the?
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  • A Effectiveness of factors
  • B Availibility of factors
  • C Level of education of enterpreneurs
  • D Level of cooperation among workers
View Answer & Explanation
Question 9:
JAMB 2008
The promotion of savings culture is a feature of a?
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  • A Trade association
  • B Consumers' cooperative society
  • C Thirft cooperative society
  • D Business association
View Answer & Explanation
Question 10:
JAMB 2008
A document which gives a legal status to a company is the certificate of?
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  • A Incorporation
  • B Trading
  • C Commencement of business
  • D Business registration
View Answer & Explanation

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