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Economics Past Questions

Study and practice Economics past questions with answers and detailed explanations. Then test your knowledge using our interactive CBT practice platform and prepare confidently for your upcoming examinations.

48 questions JAMB 2540 WAEC 1723 NECO 272 CUSTOM 10
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Past Questions

48 questions
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Question 1 of 8 48 total questions
Question 21
waec 2010
The slope of a supply curve is
Ahorizontal
Buniform
Cpositive
Dvertical
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Question 22
waec 2010
Goods for which demands rises as income rises are
Acomplementary goods
Binferior goods
Cnormal goods
Dsubstitutes
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Question 23
waec 2010
Which of the following causes the demand curve to shift to the right?
Aa reduction in size of population
Ban increase in the income of the buyer
Cthe availability of substitutes
Da decrease in price of goods
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Question 24
waec 2010

Find the median of the following set of scores 8,9,6,5,10

A9
B8
C6
D5
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Question 25
waec 2010
The sum of items divided by the number of items is the
Afrequency
Bmean
Cmedian
Dmode
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Question 26
waec 2010
In which of the following economic system do we have mostly private ownership of resources and individual decision making?
ACapitalist system
BSocialist system
CMixed system
DTraditional system
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Question 27
waec 2010

A tent-making factory offers

Apersonal services
Bindirect services
Csocial services
Dreflex services
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Question 28
waec 2010

The following are examples of economic goods except

Abottled water
Bair
Chousehold utensils
Dshelter
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