JAMB Economics 2019 Objective — Question 19

Question 19 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2019 Objective paper, with the correct answer and a full explanation.

Production is said to be complete when

A. raw materials are extracted
B. goods are manufactured
C. goods and services reach the final consumersCorrect
D. goods are transported to a warehouse

Explanation

Production refers to the transformation of raw materials into finished products for consumption; it is not complete until goods and services reach the final consumers.

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