1995 JAMB UTME Economics Past Questions

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1995

The ultimate objective of Economics is to?

1995

An aging population is a population?

1995

The problems of conducting census include?

1995

The active intervention of the central authorities in the management of a country's economy rest upon the?

1995

What to produce in any society is determined by the?

1995

A student in Obu'pu Secondary School discovers that he simultaneously needs a pen, an exercise book, an eraser and a ruler, but that he can purchase only one of these items. What is the first thing he is expected to do?

1995

Any payment to a factor of production in excess of what is necessary to keep that factor in its present employment is known as?

1995

The factor of production that has the highest degree of mobility is?

1995

The advantages which firms obtain directly from expanding their operations are referred to as?

1995

What is meant by labour supply?

1995

The population of Oh-aha L.G.A. WAS 480 000 in December 1980, out of which 60% were females . If within one year no birth were recorded, but 5% of the L.G.A. in December 1981?

1995

In order to maximize his profit, a businessman who faces a very elastic demand for his product is advised to?

1995

In a free market economy, available resources are more efficiently allocated by complete reliance on?

1995

Which of the following statement is TRUE of the effect of changes in demand and supply on price?

1995

The effect of changes in the condition of demand on a demand schedule with the price constant is?

1995

The opportunity cost of the use of productive resources which a producer owns and so does not pay constitutes?

1995

In a joint stock company, preference shareholders are those who receive?

1995

Stocking small quantities of a variety of goods is a function of the?

1995

Both in the short run and in the long run, a firm maximizes its profits when?

1995

If y represents the income earned by workers in a factory, find the range of their income which satisfies the following inequality: 4Y - 300 > 500.

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1995 JAMB UTME Economics Past Questions

The ultimate objective of Economics is to?

An aging population is a population?

The problems of conducting census include?

The active intervention of the central authorities in the management of a country's economy rest upon the?

What to produce in any society is determined by the?

A student in Obu'pu Secondary School discovers that he simultaneously needs a pen, an exercise book, an eraser and a ruler, but that he can purchase only one of these items. What is the first thing he is expected to do?

Any payment to a factor of production in excess of what is necessary to keep that factor in its present employment is known as?

The factor of production that has the highest degree of mobility is?

The advantages which firms obtain directly from expanding their operations are referred to as?

What is meant by labour supply?

The population of Oh-aha L.G.A. WAS 480 000 in December 1980, out of which 60% were females . If within one year no birth were recorded, but 5% of the L.G.A. in December 1981?

In order to maximize his profit, a businessman who faces a very elastic demand for his product is advised to?

In a free market economy, available resources are more efficiently allocated by complete reliance on?

Which of the following statement is TRUE of the effect of changes in demand and supply on price?

The effect of changes in the condition of demand on a demand schedule with the price constant is?

The opportunity cost of the use of productive resources which a producer owns and so does not pay constitutes?

In a joint stock company, preference shareholders are those who receive?

Stocking small quantities of a variety of goods is a function of the?

Both in the short run and in the long run, a firm maximizes its profits when?

If y represents the income earned by workers in a factory, find the range of their income which satisfies the following inequality: 4Y - 300 &gt; 500.

If y represents the income earned by workers in a factory, find the range of their income which satisfies the following inequality: 4Y - 300 > 500.