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2741
A combination of factors responsible for a shift from DoDo to D1D1 are
  • A. consumers income and change in technology
  • B. price of the commodity and weather conditions
  • C. consumers income and population size
  • D. consumers taste and change in price
View Answer & Discuss (5) JAMB 2014
2742
From the graph above, the consumer will attain equilibrium at point
  • A. J
  • B. K
  • C. L
  • D. M
View Answer & Discuss (1) JAMB 2014
2743

From the table above, Calculate the price elasticity of supply

  • A. 0.50
  • B. 0.80
  • C. 2.00
  • D. 1.25
View Answer & Discuss (5) JAMB 2014
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2744

From the table above, find the values of E and F respectively

  • A. 27 and 1
  • B. 68 and 12
  • C. 28 and 5
  • D. 12 and 19
View Answer & Discuss (5) JAMB 2014
2745

Which of the following problems arises where there are more than one technically possible methods of production

  • A. Where to produce
  • B. for whom to produce
  • C. how to produce
  • D. what to produce
View Answer & Discuss WAEC 2012
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