Commerce 2010 Jamb Examination
Question 1
This is an instruction question; candidates were to select the paper type printed on their booklet. No correct option applies.
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Question 2
The wealth of a nation depends on the overall volume of its commercial activities, as these drive production, exchange, and income.
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Question 3
The key difference is education and training. Skilled labour requires specialized training, while unskilled labour does not.
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Question 4
A doctor attending to patients directly offers a direct service.
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Question 5
Manufacturing and construction fall under secondary production, as they involve processing raw materials into finished goods.
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Question 6
The correct order is: rent → land, wages → labour, interest → capital, profit → entrepreneur.
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Question 7
Capital (e.g. machines, equipment) wears out and depreciates, unlike land, labour, or entrepreneurship.
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Question 8
Division of labour results in specialization, as workers focus on specific tasks for efficiency.
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Question 9
Processing rice is a form of manufacturing since it involves changing raw rice into consumable form.
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Question 10
After-sales service (repairs, maintenance, warranty, etc.) is typically offered by retailers to customers.
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