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[ Post UTME Begins ]:
View The List Of Schools That Have Released 2026 Post-UTME Forms.
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Economics
Economics Past Questions
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3201
Economics is regarded as a social science because It
A.
helps people to be acceptable In the society
B.
Is associated with social dubs
C.
is used by sociologist
D.
studies human behavior
E.
uses controlled experiment
View Answer & Discuss
NECO 2007
3202
If the price Index of export is 140% and import is 200%, what is
A.
60
B.
70
C.
100
D.
140
E.
280
View Answer & Discuss (3)
NECO 2007
3203
Which of the following is NOT a feature of land?
A.
Free gift of nature
B.
Fixed in supply
C.
Geographically immobile
D.
Returns on land is wages
E.
Subject to law of diminishing returns
View Answer & Discuss
NECO 2007
3204
The first oil refinery in Nigeria was established at
A.
Alesa Eleme
B.
Araromi
C.
Kaduna
D.
Oloibiri
E.
Warri
View Answer & Discuss (1)
NECO 2007
3205
The function muv/muz = py/pz represents
A.
consumer’s average utility level
B.
diminishing marginal utility
C.
increasing marginal utility
D.
marginal theory of price
E.
utility maximization
View Answer & Discuss
NECO 2007
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