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2641

Determine the marginal revenue if the total revenue is 80.00

  • A. 6.00
  • B. 12.00
  • C. 14.00
  • D. 18.00
View Answer & Discuss (4) JAMB 1993
2642
In the diagram, the marginal propensity to consume (MPC) is equal to
  • A. \(\frac{RP}{TP}\)
  • B. \(\frac{TP}{RP}\)
  • C. \(\frac{RT}{RP}\)
  • D. \(\frac{RT}{TP}\)
View Answer & Discuss JAMB 1993
2643
In the diagram above, what is the lowest possible price the monopolist could charge and still break even without there being excess demand?
  • A. Pd
  • B. P2
  • C. P3
  • D. P4
View Answer & Discuss (2) JAMB 1993
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2644
From the diagram above, a shift in the demand curve from DoDo to D1D1 implies
  • A. a rise in the demand for the commodity
  • B. a fluctuation in the demand for the commodity
  • C. a fall in the demand for the commodity
  • D. an equilibrrium in the demand for the commodity
View Answer & Discuss JAMB 1993
2645
Using the table calculate the net income
  • A. N58m
  • B. N54m
  • C. N50m
  • D. N46m
View Answer & Discuss (3) JAMB 1993
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