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Economics Past Questions

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2671
In the table, the income elasticity of clothing is
  • A. 0.5
  • B. 2.0
  • C. 2.5
  • D. 5.0.l
View Answer & Discuss (5) JAMB 1999
2672
The graphs illustrate
  • A. joint demand
  • B. derived demand
  • C. composite demand
  • D. competitive demand
View Answer & Discuss (1) JAMB 1999
2673
In the diagram above, the consumer attains equilibrium at point
  • A. G
  • B. H
  • C. J
  • D. K
View Answer & Discuss JAMB 1999
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2674
Use the diagram above to answer this question. Points E6 and E5 are respectively equilibrium points for
  • A. Do and So D o and S2
  • B. D1 and S2; D2 and So
  • C. D2 and S1;D2 and S2
  • D. D2 and SoDo and S2
View Answer & Discuss (1) JAMB 1999
2675

Use the diagram above to answer this question. Identity the three Important factors that can make So to become either S1 or S2

  • A. Technology, weather and population
  • B. Technology, price and tastes
  • C. Weather, price and technology
  • D. Population, weather and taste
View Answer & Discuss (3) JAMB 1999
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