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Economics 2014 JAMB Past Questions

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46
From the graph above, the consumer will attain equilibrium at point
  • A. J
  • B. K
  • C. L
  • D. M
View Answer & Discuss (1) JAMB 2014
47

From the table above, Calculate the price elasticity of supply

  • A. 0.50
  • B. 0.80
  • C. 2.00
  • D. 1.25
View Answer & Discuss (5) JAMB 2014
48

From the table above, find the values of E and F respectively

  • A. 27 and 1
  • B. 68 and 12
  • C. 28 and 5
  • D. 12 and 19
View Answer & Discuss (5) JAMB 2014
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49

Given that Qd = 40-2P and Qs = 6P+24. Calculate the equilibrium price.

  • A. 34
  • B. 32
  • C. 36
  • D. 16
View Answer & Discuss (11) JAMB 2014
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