[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
  1. Home
  2. Classroom
  3. Economics
  4. JAMB 1997

Economics 1997 JAMB Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

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
21
What is the effect of inelastic demand for agricultural products on the income of a farmer?
  • A. A price rise results in its fall
  • B. A price fall results in its fall
  • C. A price fall results in its rise
  • D. A price rise leaves the income unchanged
View Answer & Discuss (4) JAMB 1997
22
Plywood industries are often located near the source of?
  • A. finance
  • B. labour
  • C. power supply
  • D. raw materials
View Answer & Discuss JAMB 1997
23
A firm is said to have benefited from external economies in production if it has realized?
  • A. a more efficient management of resources
  • B. a better combination of factors of production
  • C. reduced resources costs due to operation of other firms
  • D. a higher profit level due to increased sales
View Answer & Discuss JAMB 1997
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
24
One of the dangers of the localization of industries is?
  • A. residual employment
  • B. mass unemployment
  • C. structural unemployment
  • D. cyclical unemployment
View Answer & Discuss JAMB 1997
25
A glut in the world market for crude oil means?
  • A. a fall in crude oil production
  • B. an excess supply of crude petroleum
  • C. a higher crude oil price offered by the buyer
  • D. a higher crude oil price demanded by the seller
View Answer & Discuss JAMB 1997
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
Post UTME Past Questions Agent
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