JAMB and WAEC Commerce questions: Occupation and production

33 questions with answers and explanations. Tap an option to check yourself.

All topics Advertising and marketing · 32 Business management and environment · 32 Commerce and its scope · 31 Communication · 33 Computers and ICT in business · 29 Consumer protection · 30 Documents used in trade · 34 Elements of commercial law · 31 Financing a business · 32 Foreign trade · 40 Forms of business organisation · 40 Home trade: retail and wholesale · 40 Insurance · 39 Money and banking · 40 Occupation and production · 33 The stock exchange · 34 Transport · 33 Warehousing · 28

Question 21· Occupation and production· WAEC
Building roads and bridges is an example of
Explanation and discussion
Question 22· Occupation and production· WAEC
The reward for capital as a factor of production is
Explanation and discussion
Question 23· Occupation and production· JAMB
A carpenter who makes furniture from timber is engaged in
Explanation and discussion
Question 24· Occupation and production· JAMB
Production is complete only when goods
Explanation and discussion
Question 25· Occupation and production· WAEC
A disadvantage of division of labour to the worker is
Explanation and discussion
Question 26· Occupation and production· JAMB
Producing goods for one's own consumption only is known as
Explanation and discussion
Question 27· Occupation and production· JAMB
Mining and quarrying are examples of
Explanation and discussion
Question 28· Occupation and production· JAMB
A police officer, a soldier and a civil servant all render
Explanation and discussion
Question 29· Occupation and production· WAEC
Workers such as teachers, doctors and lawyers render
Explanation and discussion
Question 30· Occupation and production· WAEC
The entrepreneur is the factor of production who
Explanation and discussion
Question 31· Occupation and production· JAMB
A fisherman on Lake Kainji is engaged in which type of occupation?
Explanation and discussion
Question 32· Occupation and production· JAMB
Utility in production means
Explanation and discussion
Question 33· Occupation and production· JAMB
Which of the following is engaged in secondary production?
Explanation and discussion

Practise Commerce like the real exam. A timed CBT, your score, and the topics to fix.

Start a Commerce test

JAMB and WAEC Commerce questions: Occupation and production

Building roads and bridges is an example of

The reward for capital as a factor of production is

A carpenter who makes furniture from timber is engaged in

Production is complete only when goods

A disadvantage of division of labour to the worker is

Producing goods for one's own consumption only is known as

Mining and quarrying are examples of

A police officer, a soldier and a civil servant all render

Workers such as teachers, doctors and lawyers render

The entrepreneur is the factor of production who

A fisherman on Lake Kainji is engaged in which type of occupation?

Utility in production means

Which of the following is engaged in secondary production?