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Economics Past Questions

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3051
The professional that view cost in term of alternatives sacrificed is the
  • A. accountant
  • B. cashier
  • C. economist
  • D. manager
  • E. tax collector
View Answer & Discuss NECO 2003
3052
Which of the following is true of a perfect market situation?
  • A. price = AR=MC=AC
  • B. price = DD = MC = AC
  • C. price = AC = MC = AR
  • D. price = AR = MR = DD
  • E. price = MR but MR < AR
View Answer & Discuss NECO 2003
3053
The best way of presenting data in tabular form is in
  • A. bars and columns
  • B. charts and lines
  • C. maps and rows
  • D. pictographs and histogram
  • E. rows and columns
View Answer & Discuss (4) NECO 2003
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3054
In the equation MV = PT; V stand for
  • A. velocity of circulation of money
  • B. velocity of price change
  • C. volume of goods produced
  • D. volume of money
  • E. volume of transaction
View Answer & Discuss NECO 2003
3055

Which of the following is a major export crop in Nigeria?

  • A. cocoa
  • B. coffee
  • C. copper
  • D. kola nut
  • E. soy beans
View Answer & Discuss (3) NECO 2003
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts