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JAMB Commerce 2017 Objective — Question 12

Question 12 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2017 Objective paper, with the correct answer and a full explanation.

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Which of the following best describes inputs for any production activity?

  • A. A. Material resources
  • B. B. Human resources
  • C. C. Business resourcesCorrect
  • D. D. Natural resources

Explanation

Business resources (money, material and manpower) collectively form the inputs into any production activity.

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