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4696

When combination of two goods which a consumer derive equal satisfaction is plotted on a graph, the graph is known as

  • A. opportunity curve
  • B. utility curve
  • C. demand curve
  • D. indifference curve
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4697

The comparison of the standard of living between Nigeria and Ghana is best down through the use of

  • A. gross National incomes
  • B. per capita income
  • C. Net National income
  • D. Net disposable income
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4698

The formular (N + 1)/2 is used to determine the

  • A. median
  • B. mean
  • C. standard deviation
  • D. mode
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4699

If the standard deviation of a set of numbers is 3.6, what is the variance?

  • A. 12.96
  • B. 12.69
  • C. 12.9
  • D. 12.98
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4700

The following will occur when maximum price is fixed below the free market price EXCEPT that

  • A. black market will be encouraged
  • B. excess demand will occur
  • C. excess supply will occur
  • D. rationing of commodities will occur
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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