AS THE LEVEL OF OUTPUT INCREASES, THE AVERAGE FIXED COST OF A FIRM WILL
A. continue to decrease ✓ B. remain unchanged C. continue to increase D. be equal to the total cost The answer to the question is: A. continue to decrease As the level of output increases, the average fixed cost of a firm will continue…
THREE DROPS OF A 1.0 MOL DM-3 SOLUTION OF NAOH ARE ADDED TO 20 CM3 OF A SOLUTION OF PH 8.4. THE PH OF THE RESULTING SOLUTION WILL
A. Close to that of pure water B. Unaltered C. Greater than 8.4 ✓ D. Less than 8.4 The answer to the question is: C. Greater than 8.4 When three drops of a 1.0 mol dm-3 solution of NaOH are added to…
A RISE IN INCOME WILL, CETERIS PARIBUS, BRING ABOUT
A. a movement along the demand curve B. a leftward shift of the demand curve C. a rightward shift of the demand curve ✓ D. no effect on the demand curve The answer to the question is: C. a rightward shift of the demand…
STATIONERY WHICH WILL BE USED OVER A LONG PERIOD OF TIME IS USUALLY RECORDED AS AN EXPENSE INSTEAD OF AN ASSET. THIS CONCEPT IS CALLED
A. entity B. accrual C. realization D. materiality ✓ The answer to the question is: D. materiality The concept of recording stationery used over a long period of time as an expense instead of an asset is related to the accounting principle of materiality.…
THE TEMPERATURE AT THE FOOT OF A MOUNTAIN IS 20°C. IF THE MOUNTAIN IS 6,000 METRES ABOVE SEA LEVEL, WHAT WILL BE THE APPROXIMATE TEMPERATURE AT THE TOP OF THE MOUNTAIN
A. -19.0°C ✓ B. -16.0°C C. 14.0°C D. 19.0°C The answer to the question is: A. -19.0°C The approximate temperature at the top of the mountain can be calculated using the environmental lapse rate, which is the decrease in temperature with an…
A WOMAN LIVING ON LONGITUDE 30°E IS CARRYING HER BODY TO THE HOSPITAL AROUND 1 AM ON MONDAY. CALLING HER HUSBAND ON PLANE WHO IS ON 30°W, WHEN WILL THE HUSBAND PICK THE CALL
A. 3 am B. 5 pm C. 7 am D. 9 pm ✓ The answer to the question is: D. 9 pm To calculate the time when the husband will pick up the call, we need to consider the time difference between the two…
IF COMMODITIES X AND Y ARE SUBSTITUTE, THEIR CROSS ELASTICITY OF DEMAND WILL BE
A. One B. positive ✓ C. negative D. zero The answer to the question is: B. positive If commodities X and Y are substitutes, their cross elasticity of demand will be positive. This is because substitutes are goods that can be used in place…
AN EVENT THAT WILL NOT REQUIRE A CHANGE IN THE PROFIT-SHARING RATIO OF PARTNERS IN A FIRM IS WHEN
A. a partner dies B. a partner retires C. a new partner is admitted D. partners assets value appreciates ✓ The answer to the question is: D. partners assets value appreciates An event that will not require a change in the profit-sharing ratio of…
A PERSISTENCE RISE IN THE PRICES OF INPUTS WILL LEAD TO
A. cost push inflation ✓ B. demand pull inflation C. hyperinflation D. stagflation The answer to the question is: A. cost push inflation Cost-push inflation occurs when the cost of production increases, leading to an increase in the prices of goods and services. This…
AN INCREASE IN NOMINAL INCOME WITHOUT INCREASE IN PRICE WILL RESULT TO
A. increased real income ✓ B. increased GDP C. decreased real income D. decreased GNP The answer to the question is: A. increased real income An increase in nominal income without an increase in price will result in increased real income. This is because…
THE DECISION TO CONSUME MORE OF ONE PRODUCT UNDER NORMAL CIRCUMSTANCES WILL APPLY
A. less of another product will be consumed ✓ B. more of another product will be consumed C. less of the product will be consumed D. no other products will be consumed The answer to the question is: A. less of another product will…
WHEN THE INVOICE OF A CUSTOMER IS OVERCAST, THE SUPPLIER WILL SEND TO HIM A
A. debit note B. cheque C. credit note ✓ D. payment voucher The answer to the question is: C. credit note When an invoice of a customer is overcast, the supplier will typically send a credit note to rectify the error. A credit note…
A RADIOACTIVE NUCLEUS HAS A HALF-LIFE OF 20 YEARS, STARTING WITH 100,000 PARTICLES, HOW MANY PARTICLES WILL BE LEFT EXACTLY AT THE END OF 40 YEARS
A. 75,000 particles B. 35,000 particles C. 25,000 particles ✓ D. 50,000 particles The answer to the question is: C. 25,000 particles The decay of a radioactive nucleus can be described by its half-life, which is the time it takes for half…
A QUANTITY OF WATER AT 0 °C IS HEATED TO 30 °C. FOR EACH DEGREE RISE IN TEMPERATURE, ITS DENSITY WILL
A. rise steadily B. fall steadily ✓ C. fall and then rises D. rise and then falls The answer to the question is: B. fall steadily When a quantity of water at 0 °C is heated to 30 °C, its density will decrease. This…
A MAN WILL EXACT THE GREATEST PRESSURE ON A BENCH WHEN HE
A. lies flat on his back B. lies flat on his belly C. stand on both feet D. stand on one foot only E. stand on toes of one foot ✓ The answer to the question is: E. stand on toes of one foot When…
IT TAKES 4 MINUTES TO BOIL A QUANTITY OF WATER ELECTRICALLY. HOW LONG WILL IT TAKE TO BOIL SAME QUANTITY OF WATER USING THE SAME HEATING COIL BUT WITH THE CURRENT DOUBLED
A. 64 minutes B. 32 minutes C. 8 minutes D. 2 minutes E. 1 minute ✓ The answer to the question is: E. 1 minute To calculate how long it will take to boil the same quantity of water using the same heating coil…
ACCORDING TO THE APOSTLE PETER, WHAT WILL HAPPEN TO THE HEAVENS AND THE EARTH ON THE DAY OF THE LORD’S RETURN
A. They will merge into a new dimension B. They will be destroyed by fire ✓ C. They will be transformed into paradise D. They will disappear completely The answer to the question is: B. They will be destroyed by fire According to the…
COPPER METAL WILL REACT WITH CONCENTRATED TRIOXONITRATE (V) ACID TO GIVE
A. Cu(NO3)3 + NO + N2O4 + H2O B. Cu(NO3)2 + NO + H2O C. CuO + NO2 + H2O D. Cu(NO3)2 + NO2 + H2O ✓ The answer to the question is: D. Cu(NO3)2+ NO2 + H2O When copper metal reacts with concentrated trioxonitrate(V) acid (also known as nitric acid),…
A HEATING COIL IS RATED AT 70 W, CALCULATE THE TIME IT WILL TAKE THIS COIL TO HEAT 1.4 KG OF WATER AT 30°C TO 100°C
To calculate the time it will take for a heating coil to heat a given amount of water, we can use the formula: Q = mcΔT where Q is the heat energy transferred, m is the mass of the water,…
TEACHINGS THAT WILL FOSTER UNITY
The Bible contains teachings that will foster greater unity among the various denominations in Nigeria. These include: Faith and works. Humility. Impartiality. Forgiveness. When we practice the teachings of: Christian Giving, Faith and Works, Humility, Impartiality and Forgiveness among…
THE FUTURE PERFECT TENSE
The Future Perfect Tense Form This tense is formed with shall/will + perfect infinitive (without to): shall + have spoken = (We) shall have spoken. will + have read = (You) will have read. Functions The future perfect tense…
THE FUTURE TENSE AND FUTURE CONTINUOUS TENSE
The Future Tense Form The future tense is formed with shall/will + the bare infinitive: shall + sing = shall sing. will + dance = will dance. Usually, shall/will + bare infinitive is used for the first person singular and…