Economics 1985 JAMB Past Questions

Exam Type:

Exam year:

Question Type:

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

In the table, the marginal cost when output is two, units is

A. 16.00
B. 20.00
C. 36.00
D. 40.00
E. 48.00

View Answer & Discuss (4) JAMB 1985

The table illustrates the law of diminishing returns on a farm. Which pair of the following answers is appropriate for the missing information in the spaces market X and Y?

A. X = 20, Y = 6
B. X = 38, Y =9
C. X = 46, Y = 9
D. X = 46, Y = 14
E. X = 10, Y = 10

View Answer & Discuss JAMB 1985

The interdependence between households and business enterprises illustrated in the figure is known as

A. Market interaction
B. Cash flow
C. Circular flow of income
D. Supply and demand for goods and services
E. Household preference schedule

View Answer & Discuss (1) JAMB 1985

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Study the figure above. At paint H the price elasticity of supply is

A. Perfectly inelastic
B. Inelastic
C. Unit elastic
D. Perfectly elastic
E. Elastic

View Answer & Discuss (4) JAMB 1985

In the figure above, The broken line labelled M is the marginal revenue curve of a

A. Monopoly
B. Competitive firm
C. State corporation
D. Partnership
E. Monophony

View Answer & Discuss JAMB 1985

Start a Free Practice Test

Subjects

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Economics 1985 JAMB Past Questions

Subjects

Sign In