1981
Amount of labour daysCocoa (tons)Cloth (metres)Country I200600900Country II200300800Summary of production conditions in countries l and ll.From the table, we can correctly say in respect of international trade that
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1981 JAMB UTME Economics Past Questions
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1981
Sector 1AgricultureSector 2Manufacturing and CraftsSector 3Petroleum and MiningSector 4ServicesShare in total National Output25%10%50%15%Share in total Employment60%10%5%25%Growth rate of Sectoral Output2%5%10%3%From th…
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1981
In this diagram, So So is the original supply curve while S1 S1 represent?
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1981
Market Schedules for Milk:Price per tinQuantity demanded (tins)Quantity supplied (tins)8k25,0007,50010k23,0009,00013k20,00011,50015k18,00013,00018k15,00015,00020k13,00017,50023k10,00021,00025k8,00024,000From the market d…
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1981
Price per tinDemand per weekSupply per week₦60 tins45 tins₦55 tins35 tins₦410 tins25 tins₦315 tins15 tins₦220 tins5 tins₦125 tins0 tinsMarket for Garri: At a price of ₦5, the excess supply is`
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1981
Which of the following is NOT a visible iterm in international trade payments?`
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1981
Which of the following statements does NOT describe a situation of perfect competition?
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1981
If the quantity supplied of acommodity increases from 20 to 30 units when there is an increase in price from N4 to N5, the elasticity of supply is
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1981
If P8 and P9 represent the population of West African in 1978 and 1979 respectively, and given that in 1979.D= number of deaths, B= number of births, I= number of immigrants, E= number of Emigrants. Then the size of the…
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1981
Given the present state of the Nigerian economy, which of the following measures will promote a more rapid economic development?
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1981
Scarcity in economics generally refers to
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1981
External economies are
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1981
A movement along a given demand curve for a good is caused by a change in
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