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Economics 2017 JAMB Past Questions

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41
\(\frac{∑f(x-x̄)}{N}\)

Is a formula used to calculate for ____________
  • A. variance
  • B. the quartile
  • C. standard deviation
  • D. mean deviation
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42
Completely competitive market exist when each member is a —
  • A. price maker
  • B. price taker
  • C. price seeker
  • D. a and b
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43
Given a consumption function C = 10 + 0.6Y, determine the value of C if Y is 20
  • A. 36.60
  • B. 22.00
  • C. 30.60
  • D. 26.00
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
44
A partnership sourcing for funds to expand its business would approach _______
  • A. a central bank
  • B. a money market
  • C. an insurance
  • D. a stock exchange
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45
Opportunity cost helps the government to:
  • A. Distribute money to citizens
  • B. support better production
  • C. remove competition
  • D. prepare budget
View Answer & Discuss (1) JAMB 2017
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WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208