[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
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
  1. Home
  2. Classroom
  3. Economics
  4. JAMB 2005

Economics 2005 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
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
16
The distinction between onshore and offshore operations in oil exploration lies in the
  • A. location of sites
  • B. output generated
  • C. size of production
  • D. techniques of production
View Answer & Discuss JAMB 2005
17
Long-run production is called
  • A. diminsihing returns to scale
  • B. returns to scale
  • C. external economies of scale
  • D. economies of scale
View Answer & Discuss JAMB 2005
18
For a firm to break even in the long run, the marginal cost curve must cut the
  • A. average variable cost curve at its higest point
  • B. average cost cure at its lowest point
  • C. average cost curve at its lowest point
  • D. total cost cure at its lowest point
View Answer & Discuss JAMB 2005
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
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
19
An increase in the quantity supplied of commodity suggests
  • A. a leftward shift of the supply curve
  • B. a rightward shift of the supply curve
  • C. a movement along the supply curve
  • D. an increase in elasticity of supply
View Answer & Discuss (2) JAMB 2005
20

An example of a long-run cost of a firm is

  • A. fuel and maintenace cost
  • B. the planned size of plant equipment
  • C. the existing size of plant and equipment
  • D. rent on buildings
View Answer & Discuss (4) JAMB 2005
Start a Free Practice Test
 
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
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now