Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Economics 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 App for Mobile Devices - 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
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
2556

The cost elasticity of supply is a useful instrument for measuring

  • A. profit
  • B. productivity
  • C. national income
  • D. price index
View Answer & Discuss (1) JAMB 2012
2557

The invisible hand promotes the interests of

  • A. consumers
  • B. society
  • C. government
  • D. producers
View Answer & Discuss (4) JAMB 2012
2558

Fixing price above equilibrium will cause

  • A. demand and supply to remain constant
  • B. an increase in quantity supplied
  • C. an increase in supply
  • D. a decrease in quantity supplied
View Answer & Discuss (4) JAMB 2012
Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
2559

An important function of the price system is to

  • A. ensure that producers' profits remain high
  • B. guarantee full employment of resources
  • C. allocate resources to most productive uses
  • D. protect the economic interests of government
View Answer & Discuss (13) JAMB 2012
2560

If all factors are variable in the long run,firms will experience

  • A. decreasing returns to scale
  • B. increasing returns to scale
  • C. diminishing returns
  • D. economies of scale
View Answer & Discuss (2) JAMB 2012
Start a Free Practice Test
 
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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