1998 - JAMB Economics Past Questions and Answers - page 1
One of the economic problems of Nigeria today arises from?
In certain circumstances, a centrally planned economy adopts the rationing system because of?
Given that
B = Births<br />
D = Death<br />
X = Emigrants <br />
M = Immigration <br />
The population of a country over a period of time will rise if?
The short-run period in production is defined as a period when?
Specialization often improves economic performance because it?
Which of the following statements best describes the relationship between average product and marginal products?
When a firm is reaping economies of large-scale production, it experiences a fall in its?
If an increase in the price of a commodity leads to increase in total revenue, then it means that the demand for this commodity is?
Given that the elasticity of demand for a commodity is 2.5, the percentage change in the quantity demanded as a result of a 10 percent change in it price is?
The producer in a perfectly competitive market is faced with a demand curve whose elasticity is?