JAMB Economics 2018 Objective — Question 33

Question 33 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2018 Objective paper, with the correct answer and a full explanation.

The growth of private enterprise is constrained by

A. Government
B. Owners
C. Market sizeCorrect
D. Competition

Explanation

Market size is the target of any firm's expansion; without a sufficient market, there is no incentive for a private enterprise to grow further.

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