WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Economics 2014 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
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
6

A rightward shift of the budget line is caused by a

  • A. fall in consumer income
  • B. change in consumer taste
  • C. fall in the commodity relative price
  • D. rise in the consumer income
View Answer & Discuss (2) JAMB 2014
7

Given the supply function P = \(\frac{1}{4}\)(Qs+10) when P = N10, what is Qs?

  • A. 20
  • B. 1.5
  • C. 5.0
  • D. 30
View Answer & Discuss (10) JAMB 2014
8

When price is set below equilibrium, this will lead to

  • A. an increase in the quantity supplied
  • B. a new equilibrium
  • C. a decrease in the quantity supplied
  • D. a fall in price
View Answer & Discuss JAMB 2014
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
9

Price mechanism determines the prices of commodities through

  • A. auctioning
  • B. market forces
  • C. the sales of treasury bills
  • D. government legislation
View Answer & Discuss JAMB 2014
10

If the production of a large firm is higher than that of a small firm, it is experiencing.

  • A. external economies of scale
  • B. external diseconomies of scale
  • C. internal economies of scale
  • D. internal diseconomies of scale
View Answer & Discuss JAMB 2014
Start a Free Practice Test
 
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 Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent