Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Project Topics and Materials, Post-UTME past questions - Download now or upload yours to get paid
  1. Home
  2. Classroom
  3. Economics
  4. JAMB 2023

Economics 2023 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 - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
NECO offline past questions - All questions, answers & explanations in one app 25712
Project Topics and Materials, Post-UTME past questions - Download now or upload yours to get paid
16

The fundamental problem of economics is

  • A. Finding striking determinants between the forces of supply and demand
  • B. The scarcity of productive resources relative to society's unlimited wants
  • C. The establishment of a political framework to determine the what, how and for whom of production
  • D. To establish an equitable distribution of income
View Answer & Discuss JAMB 2023
17

The diagram above represent

  • A. perfect competition
  • B. mononpoly
  • C. demand curve
  • D. competitive market
View Answer & Discuss JAMB 2023
18

What is the lowest price the monopolist can charge

  • A. P2
  • B. P1
  • C. P3
  • D. P4
View Answer & Discuss JAMB 2023
NECO offline past questions - All questions, answers & explanations in one app 25712
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Join your school's WhatsApp group
19

The maximum price is

  • A. P1
  • B. P2
  • C. P3
  • D. P4
View Answer & Discuss JAMB 2023
20

Real cost is

  • A. Alternative commodities forgone
  • B. Amount of money spent on goods and services
  • C. Cost of goods and services
  • D. True cost
View Answer & Discuss (4) JAMB 2023
Start a Free Practice Test
 
Join your school's WhatsApp group
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Project Topics and Materials, Post-UTME past questions - Download now or upload yours to get paid