[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
Your School's Whatsapp Group - Join Us now
Post UTME Past Questions Agent
  1. Home
  2. Classroom
  3. Economics

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 Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
366
What fundamentally determines how much a consumer spends in a producer's shop?
  • A. Individual's propensity to consume
  • B. level of his taxation
  • C. level of his income
  • D. Individual's taste or fashion
View Answer & Discuss JAMB 1986
367
Which of the following statements describes a mixed economy?
  • A. The government and the private sector interact in solving the basic economic problems
  • B. The invisible hand solves the basic economic problems
  • C. The government produces and distributes all goods and services
  • D. Society answers the 'what', 'how', and 'for whom' questions only through the market system
View Answer & Discuss JAMB 1986
368
In drawing an individual's demand curve for a commodity, which of the following is not kept constant? The
  • A. individual's money income
  • B. price of subtitutes
  • C. price of complementary goods
  • D. price of the commodity under consideration
View Answer & Discuss (5) JAMB 1986
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
Post UTME Past Questions Agent
369
Given that beef and fish are substitutes, a rise in the price of beef relative to that of fish will?
  • A. induce greater demand for beef
  • B. induce greater demand for fish
  • C. induce lower demand for fish
  • D. equate demands for beef and fish
View Answer & Discuss JAMB 1986
370
The main function of price mechanism is to?
  • A. limit consumer demand
  • B. enable producers make profit
  • C. allocate scarce resources among competing ends
  • D. ensure consumer sovereignty
View Answer & Discuss JAMB 1986
Start a Free Practice Test
 
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now