2019
One of these is not an assumption of the cardinalist theory of utility?
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2019 JAMB UTME Economics Past Questions
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2019
In the case of highly or close complementary goods, the indifference curve is_______
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2019
The most important cost curve for the firm is_________
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2019
The average curve and the marginal curve are U-shaped in the short-run and flatter in the long-run due to________
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2019
Restrictive monetary policy is designed to curtail aggregate demand and to overcome________
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2019
An Instrument used by the central bank to fix commercial and merchant banks total credit to domestic economy is________
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2019
An economic condition in which much reduced economic activity co-exists with inflation is referred to as__________
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2019
The money market equilibrium is defined as_________
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2019
A method of analysis that draws conclusions from data rather than general Principles already known is________
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2019
The arithmetic mean of 5, 8, 10, 15, 24 and 28 is_______
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2019
An economy in which the whole income is not consumed is referred to as______
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2019
The method obtained by adding all the reward of factors of production in national income is________
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2019
A rise in the supply of a commodity cause__________
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2019
Supply is________
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2019
The demand curve facing the monopolist in the foreign market is__________
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2019
In the short-run, the monopoly makes_______
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2019
In a perfect competition, the market price is determined by_______
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2019
Price(₦)Quantity Demanded810612If we move from 8 to 6, the elasticity of demand is_______
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2019
If two commodities are unrelated, a change in the price of one will____________
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2019
A demand which gives rise to the reverse of the law of demand is__________
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