JAMB/Economics/1997
The type of cost which has to be covered for a firm to continue production in the short -run is the
A. Overhead cost B. Fixed cost C. Marginal cost D. Average variable cost
[D] Average variable cost
JAMB/Economics/1997
One of the fundamental differences between a capitalist and a socialist economy is that while __________
A. The former is characterized by complete government ownership of resources, the latter is characterized by complete private ownership B. In the former, prices act as signal in the application of resources, it is the central authority that performs this function in the latter C. Taxes are levied in a capitalist economy, there is no taxation in a socialist economy D. Income and wealth are equally distributed in the socialist economy, this is not so in a capitalist economy
[B] In the former, prices act as signal in the application of resources, it is the central authority that performs this function in the latter
WAEC/Biology/2009
Pepsin is secreted as an inactive precursor called pepsinogen because
A. Pepsin as an enzyme is quickly destroyed by the alkaline food from the mouth B. All digestive enzymes pass through a precursor stage C. Pepsin is a proteolytic enzyme and might attack the stomach tissues D. Pepsin is not required in large quantities
[B] All digestive enzymes pass through a precursor stage
WAEC/Christian religious studies/2004
As a result of his greed and corruption, Gehazi was punished with
A. Leprosy B. Epilepsy C. Blindness D. Deafness
[A] Leprosy
There's no available past question and answers. Post Past Questions & Earn
NPA/English language/2002
The man displayed quite an atrocious character.
A. Cruel and barbaric B. Lovely and quiet C. Lazy D. Nonchalant
[A] Cruel and barbaric
NPA/English language/2002
The substance is deleterious to the human body.
A. Detrimental B. Influential C. Experimental D. Profitable
[A] Detrimental
NDA/Government/1997
The capital of new Zealand is
A. Melbourne B. Miami C. Berlin D. Auckland
[D] Auckland
NDA/Government/2006
The first military coup in Nigeria took place in what year?
A. 1963 B. 1965 C. 1966 D. 1970
[A] 1963