A written partnership contract is known as?

• A. an invoice
• B. a deed
• C. a prospectus
• D. a proposal

In the woody stems, gaseous exchange takes place through the

• A. micropyles
• B. stomata
• C. lenticels
• D. vessels

Mr Amusa says to Mr Bello 'i will sell you this hat for N30'. And Mr Bello replied 'i will pay N29'. The contract is

• A. an offer and acceptance
• B. an implied contract
• C. a complete simple contract
• D. an offer but no acceptance

(a) Define the profit of a firm [4 marks]

(b) With appropriate formula, explain the following revenue and cost concepts:

(i) total revenue (TR); [4 marks]

(ii) average revenue (AR): [4 marks]

(iii) marginal revenue (MR); [4 marks]

(iv) average fixed cost (AFC). [4 marks]

This question is based on Literary Appreciation.

Will no one tell me what she sings

perhaps the plaintive numbers flow

for old, unhappy, far off things

And battles long ago.

Or is it some more humble lay,

Familiar matter of today?

The lines above end in a literary device known as

• A. Irony
• B. conceit
• C. transferred epithet
• D. rhetorical question

All the following are examples of intrusive volcanic features except

• A. dykes
• B. sills
• C. lava plateaux
• D. batholiths

Given the scores: 4, 7, 8, 11, 13, 8 with corresponding frequencies: 3, 5, 2, 7, 2, 1 respectively. The mean score is

• A. 7.0
• B. 8.7
• C. 9.5
• D. 11.0

A string of length 4m is extended by 0.02m when a load of 0.4kg is suspended at its end. What will be the length of the string when the applied force is 15N?

• A) 4.05m
• B) 4.08m
• C) 5.05m
• D) 6.08m

The diagram below illustrates an ecological instrument. Study it and answer the question below;

A disadvantage of the abiotic factor measured by the instrument is that it

• A. is an agent of pollination
• B. is necessary for germination
• C. leads to flooding when in excess
• D. is used for irrigation

Which of the following is an internal source of capital to a business concern?

• A. Trade credit
• B. Debenture
• C. overdraft
• D. Retain profit