[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
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
  1. Home
  2. Classroom
  3. Economics
  4. JAMB 2004

Economics 2004 JAMB 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
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
46
In the diagram above, ST is the budget line while l,ll and lll represent indifference curves. A rational consumer will choose to consume at point
  • A. M
  • B. J
  • C. K
  • D. L
View Answer & Discuss (1) JAMB 2004
47
The table above shows the combinations of beans and rice that can be purchased by a consumer. The opportunity cost of moving from K to L is
  • A. 2 units of rice
  • B. 5 units of beans
  • C. 17 units of rice
  • D. 20 units of beans
View Answer & Discuss JAMB 2004
48
The diagram above shows the shifts in both demand supply curves. What is the new equilibrium point after the shifts?
  • A. E3
  • B. E1
  • C. E4
  • D. E2
View Answer & Discuss JAMB 2004
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now
49
When there is a change from T to N, it implies that
  • A. Supply has increased
  • B. Quantity supplied has increased
  • C. Quantity demanded has increased
  • D. Price has fallen
View Answer & Discuss JAMB 2004
50
A movement from M to T implies that there has been
  • A. A decrease in supply
  • B. An increase in demand
  • C. A decrease in price
  • D. An increase in price
View Answer & Discuss JAMB 2004
Start a Free Practice Test
 
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
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts