Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. UNN
  4. /
  5. Economics
  6. /
  7. 2006/2007 Day 1
  8. /
  9. Q10
Question 10

Any payment to a factor of production in excess of what is necessary to keep its present employment is know as

  • A.real income
  • B.profit
  • C.economic rent
  • D.real wage
Objective

Question details

Exam body
UNN
Subject
Economics
Year
2006/2007 Day 1
Question no.
#10
Type
Objective
Previous · Q9What is meant by labour supply? Next · Q11 The market where there are many differentiated products is called

More from this paper

  • Q6Age group (years) Distribution (%) Above 60 30 15 - 60 45 0 - 14 25 The…
  • Q7Which of the following factors is NOT responsible for the rural/urban drift in…
  • Q8The necessity of choice is due to the fact that
  • Q12One of the dangers of localizing of industries is
  • Q13In commercial banking, an account from which a customer cannot withdraw money…
  • Q14Banks can create more money by
See all Economics 2006/2007 Day 1 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