Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Economics 2011 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 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
6

If the demand for one commodity excludes another, it is said to be

  • A. complementary demand
  • B. competitive demand
  • C. composite demand
  • D. derived demand
View Answer & Discuss (3) JAMB 2011
7

If demand increases without a change in supply, equilibrium price and quantity will

  • A. remain unchanged
  • B. shift inward
  • C. fall
  • D. rise
View Answer & Discuss (2) JAMB 2011
8

In the process of production, total output is at maximum when

  • A. MP=0
  • B. MP > 0
  • C. AP = 0
  • D. AP > 0
View Answer & Discuss (1) JAMB 2011
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
Post UTME Past Questions Agent
9
When a consumer is at equilibrium, the MRSxy is equal to the
  • A. sum of the prices
  • B. product of the two prices
  • C. ratio of the two prices
  • D. difference of the two prices
View Answer & Discuss (5) JAMB 2011
10

Minimum price legislation by government will

  • A. reduce supply
  • B. increase supply
  • C. reduce demand and create surplus
  • D. increase demand and create scarcity
View Answer & Discuss (4) JAMB 2011
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
Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now