WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now

Economics Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
1361

The rising portion of the long-run average cost curve of a firm is an indication that it is experiencing

  • A. increasing efficiency
  • B. economies of scale
  • C. diseconomies of scale
  • D. increasing marginal returns
View Answer & Discuss JAMB 2010
1362

An industry's supply curve is more likely to be elastic when firms are

  • A. enjoying free entry and exit
  • B. operating at full capacity
  • C. operating below capacity
  • D. maximizing profits
View Answer & Discuss JAMB 2010
1363

One of the characteristics of monopolistic competition is that

  • A. there is mobility of factors of production
  • B. no single seller dominates the market
  • C. the firms are price-takers
  • D. consumers have perfect knowledge of price
View Answer & Discuss JAMB 2010
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
1364

The demand curve for factors of production

  • A. is perfect elastic
  • B. slopes upwards
  • C. slopes of downwards
  • D. is perfectly inelastic
View Answer & Discuss (4) JAMB 2010
1365

An agreement among firms on price and segmentation is termed

  • A. cartel
  • B. collusion
  • C. haggling
  • D. specialization
View Answer & Discuss JAMB 2010
Start a Free Practice Test
 
Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts