Home JAMB CBT Practice Admission Processing Online Registration And Result Checking Contact Us

Economics

20:00

Scale of preference shows

1. Scale of preference shows

Petro-chemical industries are located in the Rivers State of Nigeria because of ________

Which of the following NOT among the objectives of OPEC?

A firm will shut down in the long run if its earning is

A downward sloping demand curve means that

The principle that specified that the amount, when and how to pay tax should be made known to tax payer is known as

In Nigeria, most agricultural policies are aimed at

A good measure of the standard of living usually used for international comparison is ______

Real cost is

Which of the following is an example of free good?

If Mr Wale took a loan for the purpose of investment, the demand for money is

The shape of the production possibility frontier is determined by the ______

Which of the following factors is not a cause of diminishing returns?

Which of the following statements is not a feature of a monopoly?

When elasticity is zero, the demand curve is ___________

The supply curve of a locally-produced good may shift to the right if

Which of the following is an example of expansionary monetary policy by the Central Bank of Nigeria?

A company's expenditure on raw materials is regarded as?

In the long-run, a firm must shut down if its average revenue is

A typical corporate form of business organization is owned by ______

Which of these is NOT associated with the problem of internal trade?

The demand for labour is a ______

Given that ∑fx = 340 and N = 20, find the arithmetic mean.

The coefficient of the price elasticity of supply is always __________

Which of the following is NOT among the financial institutions in Nigeria?

When an economy is having a balance of payment surplus the best alternative opened to it is to

A commodity is defined as normal when its demand changes in the same direction as ______

There is unemployment of resources when production is

The Power Holding Company of Nigeria (PHCN) is a ______

Let the quantity demanded in units of a particular commodity be represented as Qd = 80 - 2P, find the quantity demanded when P = ₦3.

What is the median term in the distribution below; 14, 13 29,15,13,17,12.

The short run can be defined as the period of time during which

Petroleum 'glut' in international trade means _____

What form of market is found in an imperfect competition where there are few buyers and many sellers

The minimum number of share holders for joint stock companies is _________

Government uses all of the following ways to redistribute income, except

Plywood industries are often located near the source of?

The establishment of industries in rural areas will help to reduce____________

The largest component of national income in developing countries consist of

When the government fix the price of essential commodities, this is referred to as: