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Economics Past Questions

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2926

Which of the following will shift the demand curve for Bournvita to the right

  • A. a rise in price of Bournvita
  • B. an increase in income
  • C. a tax on cocoa producer
  • D. a fall in price of Bournvita
View Answer & Discuss (2) JAMB 2015
2927
Find the range in the following data 9, 15, 6, 20, 24, 18, 12, 8, 20, 10, 5.
  • A. 24
  • B. 5
  • C. 19
  • D. 12
View Answer & Discuss JAMB 2015
2928
All the following are properties of an indifference curves except
  • A. it can intersect
  • B. it slopes downward from left to right like that of a normal demand curve
  • C. as it shift rightward it indicate higher and higher level of satisfaction
  • D. it does not intersect
View Answer & Discuss JAMB 2015
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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2929
Isocost and isoquant can be attributed to
  • A. Theory of consumer behaviour
  • B. Theory of cost
  • C. Theory of production
  • D. Theory of value
View Answer & Discuss (3) JAMB 2015
2930
The line Y in the diagram represents
  • A. total cost
  • B. variable cost
  • C. fixed cost
  • D. marginal cost
View Answer & Discuss (2) JAMB 2015
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