Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. NDA
  4. /
  5. Economics
  6. /
  7. 2014/2015
  8. /
  9. Q30
Question 30

A major advantage of specialization and division of labour is that

  • A.Workers will be adequately rewarded
  • B.trade unionism will be encouraged
  • C.time wastage will be minimized
  • D.there will be a ready market for labour
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2014/2015
Question no.
#30
Type
Objective
Previous · Q29A normal good with close substitutes is likely to have its price elasticity of… Next · Q31 Use the diagram below to answer Questions 31 - 33. The firm portrayed is selling…

More from this paper

  • Q26When a generalization is made based on observed facts, it is known as
  • Q27If the price elasticity of demand for a good is 0.43, an increase in the price…
  • Q28In a free market economy, the price system allocates resources
  • Q32Use the diagram below to answer Questions 31 - 33. Demand is relatively…
  • Q33Use the diagram below to answer Questions 31 - 33. Which of the following…
  • Q34Use the table below to answer Question 34 and 35. table.revenue td{border : 1px…
See all Economics 2014/2015 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy