WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent

Economics 2001 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
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
11

In a demand curve, the relationship between price and quantity is?

  • A. indeterminate
  • B. direct
  • C. nil
  • D. inverse
View Answer & Discuss (10) JAMB 2001
12

If the arithmetic mean of 1,2,3,4,5,6,x, 16 and 18 is 8.0, find the value of x?

  • A. 7.0
  • B. 6.0
  • C. 8.5
  • D. 17.0
View Answer & Discuss (12) JAMB 2001
13

The fixing of the price of an item above or below the equilibrium price is most likely to take place in a?

  • A. centrally planned economy
  • B. free market economy
  • C. developed economy
  • D. mixed economy
View Answer & Discuss (3) JAMB 2001
Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
14
A consumer's scale of preference is an arrangement of his?
  • A. scarce resources in order of importance
  • B. needs in order of importance
  • C. sources of income and their importances
  • D. requirements and how to satisfy them
View Answer & Discuss (1) JAMB 2001
15
A firm's shut-down point is reach when the average revenue fails to cover the?
  • A. average variable cost
  • B. marginal cost
  • C. average total cost
  • D. average fixed cost
View Answer & Discuss (5) JAMB 2001
Start a Free Practice Test
 
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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
Post UTME Past Questions Agent