Factors Of Production And Their Theories Jamb Economics Past Questions
Question 6
The most important attribute of money is?
- A. homogeneity
- B. relative scarcity
- C. divisibility
- D. general acceptability
Question 7
Which of the following sets fully represents factors of production?
- A. Sunlight, machinery, man , land,
- B. Land, labour, capital, enterprise, technology
- C. Capital, technology, idaes, markets, land
- D. Land, water, weather
- E. Money, market , middlemen
