Economics

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Past Questions

Question 1156
jamb 2005
a

location of sites

b

output generated

c

size of production

d

techniques of production

Question 1157
jamb 2005
a

diminsihing returns to scale

b

returns to scale

c

external economies of scale

d

economies of scale

Question 1158
jamb 2005
a

average variable cost curve at its higest point

b

average cost cure at its lowest point

c

average cost curve at its lowest point

d

total cost cure at its lowest point

Question 1159
jamb 2005
a

a leftward shift of the supply curve

b

a rightward shift of the supply curve

c

a movement along the supply curve

d

an increase in elasticity of supply

Question 1160
jamb 2005
a

fuel and maintenace cost

b

the planned size of plant equipment

c

the existing size of plant and equipment

d

rent on buildings

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