Economics

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Past Questions

Question 4391
jamb 2022
a

is vertical

b

is horizontal

c

slopes upward

d

slopes downward

Question 4392
jamb 2022
a

$2,400.00

b

$2,000.00

c

$1,200.00

d

$1,000.00

Question 4393
jamb 2022
a

2: 3

b

3:4

c

4:3

d

5:4

Question 4394
jamb 2022
a

he can equate his demand with price

b

he equates marginal utility and price

c

he can equate his marginal and total utilities

d

his marginal utility is equal to zero

Question 4395
jamb 2022
a

market surplus occurs

b

the market will be cleared in the short-run

c

excess demand occurs

d

government regulation is no longer needed

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