Your School's Whatsapp Group - Join Us now
Post UTME Past Questions Agent

Economics Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
4426

If the price of commodity X rises and consumers shift to commodity Y, then commodities X and Y are

  • A. substitutes
  • B. complements
  • C. inferior goods
  • D. bought together
View Answer & Discuss JAMB 2022
4427

An exceptional demand curve can result from

  • A. increase in price of raw materials
  • B. increase in the size of the population
  • C. expectation of future price increase
  • D. change in taste of consumer
View Answer & Discuss JAMB 2022
4428

Palm oil and palm kernel are in

  • A. joint supply
  • B. competitive demand
  • C. competitive supply
  • D. complementary demand
View Answer & Discuss JAMB 2022
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
4429

A supply curve parallel to the X-axis indicates

  • A. fairly elastic supply
  • B. infinitely elastic supply
  • C. fairly inelastic supply
  • D. perfectly inelastic supply
View Answer & Discuss (4) JAMB 2022
4430

If the marginal utility of commodity is equal to its price, then

  • A. the consumer is in equilibrium
  • B. more of the commodity can be consumed
  • C. total utility is also equal to its price
  • D. the market is not in equilibrium
View Answer & Discuss JAMB 2022
Start a Free Practice Test
 
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent