2008 - JAMB Economics Past Questions and Answers - page 5
41
A classroom teacher is promoted to the rank of a principal. This is an example of
A
vertical mobility
B
lateral mobility
C
social mobility
D
horizontal mobility
correct option: d
Users' Answers & Comments42
In the diagram above, there is an excess
A
demand for 30 units
B
supply of 40 units
C
demand for 20 units
D
supply of 20 units
correct option: c
Users' Answers & Comments43
From the graph above , point M shows that MC
A
cuts AC at its minimum point
B
and AC rises simultaneously
C
cuts AC at its maximum point
D
is falling
correct option: c
Users' Answers & Comments44
From the shaded area of the diagram above, an appropriate population policy will be to
A
encourage early marriages
B
discourage immigration
C
discourage polygamy
D
encourage the use of contraceptives
correct option: a
Users' Answers & Comments45
Use the data below to answer this questions
54, 36, 62, 79, 83, 36, 62, 42, 62, and 42.
Calculate the mean?
54, 36, 62, 79, 83, 36, 62, 42, 62, and 42.
Calculate the mean?
A
45.5
B
55.6
C
55.8
D
65.8
correct option: c
Users' Answers & Comments46
Use the data below to answer this questions
54, 36, 62, 79, 83, 36, 62, 42, 62, and 42.
What is the modal score?
54, 36, 62, 79, 83, 36, 62, 42, 62, and 42.
What is the modal score?
A
36
B
42
C
54
D
62
correct option: d
Users' Answers & Comments47
Use the information below to answer this question.
Given that Q d = 20 - 4P and Q = 6P + 12
Determine the equilibrium quantity
Given that Q d = 20 - 4P and Q = 6P + 12
Determine the equilibrium quantity
A
14.2
B
16.8
C
20.8
D
30.2
correct option: d
Users' Answers & Comments48
Use the information below to answer this question.
Given that Q d = 20 - 4P and Q = 6P + 12
If price is increased to N3, how much is the excess supply?
Given that Q d = 20 - 4P and Q = 6P + 12
If price is increased to N3, how much is the excess supply?
A
30
B
22
C
12
D
8
correct option: b
Users' Answers & Comments49
One of the factors affecting the supply of manufactured goods is
A
Weather
B
Technology
C
Consumer tastes
D
Availability of inputs
correct option: b
Users' Answers & Comments50
Individual markets differ from each other according to
A
The degree of competition
B
The volume of trade
C
The number of buyers
D
It's composition
correct option: d
Users' Answers & Comments