Gce Model Questions Vol1 2024 Commerce Question 44

Practice objective / multiple choice question 44 from the 2024 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2024 Commerce Objective / Multiple Choice Easy Difficulty
Question 44 GCE_MODEL_QUESTIONS_VOL1 • 2024 • COMMERCE • objective

A small business has capital of ₦120 000 and incurs labour costs of ₦30 000. What is the capital‑to‑labour ratio expressed as a single number (capital divided by labour)?

Answer Options

Correct Answer A. 4
B. 5
C. 3
D. 0.25
Correct Answer
A
Correct Option:
4

About This Question

This is Gce Model Questions Vol1 2024 Commerce Question 44. It is one of the objective questions from the 2024 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Easy .

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