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.
Create and set up a CBT environment with your preferred subjects.
Practice JAMB CBT with real UTME past questions in CBT format.
CB-WASSCE styled past question practice.
SSCE & GCE styled past question practice.
The comparison of the standard of living between Nigeria and Ghana is best down through the use of
When combination of two goods which a consumer derive equal satisfaction is plotted on a graph, the graph is known as
From the diagram below, the equilibrium wage rate is
If the marginal utility of commodity is equal to its price, then
The formular used by the Expenditure approach to calculate National income is
The willingness of an individual backed up with purchasing power at a given time is
If the price of commodity X rises and consumers shift to commodity Y, then commodities X and Y are
A price floor is usually fixed
Which of the following is NOT a factor that brings about changes in demand?
A producer who can only influence the price of his product but canNOT determine the quantity to be sold is referred to
as
If the prices of a commodity increases from N8.00 to N10.00 and the demand decreases from 100 to 80 respectively, wha is the price elasticity of demand for the commodity?
An exceptional demand curve can result from
The middle value of an array figure arranged in descending order is referred to as the
Which of these is NOT associated with the problem of internal trade?
The diagram belwo, shows the relationship between
The bank established to finances project aimed at promoting economic and social development within the African continent is
A downward sloping demand curve means that
Economics problems arise in all societies because
Wholesalers play an important in the distribution of goods and services because they
One of the function of united nation conference on trade and development (UNTAD) is to