Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
Post UTME Past Questions Agent
4746

If the quantity demanded of rice de- creased from 150 bags to 100 bags, the percentage change in quantity demanded is

  • A. 30.0 %
  • B. 33.3 %
  • C. 50.0%
  • D. 66.7%
View Answer & Discuss WAEC 2024
4747

The law of demand will not hold when

  • A. normal goods are involved.
  • B. size of the population changes.
  • C. rare commodities are involved.
  • D. incomes of consumers increase.
View Answer & Discuss WAEC 2024
4748

The diagram above shows the demand for milk. Use it to answer questions this question.

 

The movement from point x to z might have been caused by

  • A. a change in taste in favour of milk.
  • B. a decrease in price of milk.
  • C. an increase in income of consumers.
  • D. a favourable weather condition.
View Answer & Discuss WAEC 2024
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
4749

The diagram above shows the demand for milk. Use it to answer questions this question.

 

If demand for postal services decline as a result of increased use of e-mails, then the two services are in 

  • A. composite demand.
  • B. derived demand.
  • C. competitive demand.
  • D. complementary demand.
View Answer & Discuss WAEC 2024
4750

Other things being equal, an increase in the demand for land in the short-run will cause an increase in the 

  • A. price only.
  • B. price and supply.
  • C. quantity supplied only.
  • D. supply only.
View Answer & Discuss (2) WAEC 2024
Start a Free Practice Test
 
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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 Agent