Select the option that best explains the information conveyed in the sentence.

The stadium had a capacity crowd in spite of the weather?

• A. The weather favoured the crowd at the stadium
• B. The crowd defied the weather to fill the stadium
• C. The stadium was not filled because of the weather
• D. The crowd loved the weather at the stadium

There are more settlements to the south because the

• A. Land to the north being more fertile is reserved for farming
• B. Areas to the north are liable to flooding
• C. Terrain to the south is less rugged
• D. North is more prone to river blindness

2SO2(g) + O2(g) ⟺ 2SO3(g) △ H = − 395.7 k J m o l − 1 In the reaction above, the concentration of 2SO3(g) can be in creased by

• A) decreasing the pressure
• B) decreasing the temperature
• C) the addition of catalyst
• D) increasing the temperature

In pre-colonial Igboland, autocratic rule was made difficult by the

• A. fear of dethronement
• B. absence of a centralized system of authority
• C. pressure from age grades
• D. activities of cult societies

Which of the following formulae correctly states the profit taken or recognized from profit realized in a long term contract?

• A) total cost of contract estimated cost of contract
• B) cost of worker certified / total cost of contract
• C) cost to date / estimated cost of contract
• D) cost to date / estimated cost of contract

The rights of citizens can be guaranteed through?

• A. gerrymandering
• B. the writ of habeas corpus
• C. prerogative
• D. political immunity

The distribution of settlements in the area is mostly influenced by

• A. Drainage
• B. Vegetation
• C. Relief
• D. Mineral deposits

The sum of interior angle of a triangle is equal to -------------------

• a) 90
• b)180
• c) 270
• d) 360

The dominant foreign exchange earner of Senegal is?

• A. fish
• B. iron ore
• C. groundnut
• D. tourism

(a) Distinguish between the following pairs of cost concepts.

(i) Fixed cost and variable cost. (ii) Real cost and money cost

(iii) Implicit cost and explicit cost. [5 marks each]

(b) (I) What would you recommend to a firm whose average cost is greater than its price? [2 marks]

(ii) Give a reason for your answer In (b)(i) above. [3 marks]