Economics
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Past Questions
Question 1166
jamb 2005
a
choice
b
price mechanism
c
opportunity cost
d
utilty maximization
Question 1167
jamb 2005
a
the two variables change in opposite directions
b
the two variables change in the same direction
c
only one variable changes
d
the two variables remain unchanged
Question 1168
jamb 2005
a
at its minimum
b
upward-sloping
c
downward-sloping
d
at its maximum
Question 1169
jamb 2005
a
an industrialized economy
b
a planned economy
c
a developed economy
d
a market economy
Question 1170
jamb 2005
a
elastic
b
perfectly inelastic
c
inelastic
d
perfectly elastic
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