1993 JAMB UTME Economics Past Questions

1993

Which of the following factors is NOT responsible for the rural/urban drift in Nigeria?

1993

The working population refers to?

1993

A system in which the means of production is held in trust for the people by government is known as a?

1993

The main function of the price system is to?

1993

It is impossible to satisfy all human wants because?

1993

If labour productivity in the cement industry is increasing as output of cement is expanded, then the amount of labour per unit of output produced must be?

1993

A firm faces diminishing returns when its?

1993

In the theory of production and cost, the average total cost of a firm is minimized when the marginal cost curve cuts the average total cost curve at its?

1993

If 502.75 million tonnes of grains are consumed annually by a population of 88.5 million people, the per capita grains consumption will be?

1993

An accurate census is important to a country because it helps?

1993

Which of the following functions does the wholesaler perform to save the retailer burden of carrying large stocks?`I Breaking the bulkIi Packing the goods in smaller containers Iii Providing vital information Iv Grant cr…

1993

At equilibrium, one of the distinctive features of monopoly compared with perfect competition is that in the former?`

1993

If the price elasticity of demand for a certain commodity is less than unity, then?

1993

If the equilibrium price of a certain commodity is N120.00 and the government fixed its price at N110.00, the supply will be?

1993

If profit maximization is assumed to be the objective of a business enterprise, labour must be paid a wage rate equal to the?

1993

Wheat grows best in?

1993

A modern corporation is owned by?

1993

1993 JAMB UTME Economics Past Questions

Which of the following factors is NOT responsible for the rural/urban drift in Nigeria?

The working population refers to?

A system in which the means of production is held in trust for the people by government is known as a?

The main function of the price system is to?

It is impossible to satisfy all human wants because?

If labour productivity in the cement industry is increasing as output of cement is expanded, then the amount of labour per unit of output produced must be?

A firm faces diminishing returns when its?

In the theory of production and cost, the average total cost of a firm is minimized when the marginal cost curve cuts the average total cost curve at its?

If 502.75 million tonnes of grains are consumed annually by a population of 88.5 million people, the per capita grains consumption will be?

An accurate census is important to a country because it helps?

Which of the following functions does the wholesaler perform to save the retailer burden of carrying large stocks?`I Breaking the bulkIi Packing the goods in smaller containers Iii Providing vital information Iv Grant cr…

At equilibrium, one of the distinctive features of monopoly compared with perfect competition is that in the former?`

If the price elasticity of demand for a certain commodity is less than unity, then?

If the equilibrium price of a certain commodity is N120.00 and the government fixed its price at N110.00, the supply will be?

If profit maximization is assumed to be the objective of a business enterprise, labour must be paid a wage rate equal to the?

Wheat grows best in?

A modern corporation is owned by?

A public liability company is different from a private limited company because i?

a debenture share entitles its holder to?

Production is said to be completed when?