1998 - JAMB Economics Past Questions and Answers - page 5
41
The Economic Commission for Africa was set up by the?
A
UNO
B
ECOWAS
C
OAU
D
IMF
correct option: a
Users' Answers & Comments42
![](https://publicappmediaqa.s3.eu-central-1.amazonaws.com/7765_1.jpg)
A
L
B
M
C
N
D
P
correct option: b
Users' Answers & Comments43
![](https://publicappmediaqa.s3.eu-central-1.amazonaws.com/7766_1.jpg)
A
50 units
B
150 units
C
230 units
D
250 units
correct option: c
Users' Answers & Comments44
![](https://publicappmediaqa.s3.eu-central-1.amazonaws.com/7767_1.jpg)
A
increased by 5%
B
increased by 2%
C
decrease by 2%
D
decrease by 5%
correct option: c
Users' Answers & Comments45
![](https://publicappmediaqa.s3.eu-central-1.amazonaws.com/7768_1.jpg)
A
22%
B
20%
C
16%
D
4%
correct option: c
Users' Answers & Comments46
![](https://publicappmediaqa.s3.eu-central-1.amazonaws.com/7769_1.jpg)
A
N1.00
B
N2.0
C
N1.40
D
N2.40
correct option: b
Users' Answers & Comments47
![](https://publicappmediaqa.s3.eu-central-1.amazonaws.com/7770_1.jpg)
A
minimum price
B
markup price
C
maximum price
D
mark-down price
correct option: c
Users' Answers & Comments48
![](https://publicappmediaqa.s3.eu-central-1.amazonaws.com/7771_1.jpg)
A
excess supply
B
consumer surplus
C
excess consumption
D
producer surplus
correct option: b
Users' Answers & Comments49
![](https://publicappmediaqa.s3.eu-central-1.amazonaws.com/7772_1.jpg)
A
Q1
B
Q2
C
Q3
D
Q4
correct option: b
Users' Answers & Comments50
![](https://publicappmediaqa.s3.eu-central-1.amazonaws.com/7773_1.jpg)
A
ON
B
OK
C
OL
D
OF
correct option: c
Users' Answers & Comments