2010
The most popular sizes of dresses and shoes are determined by the
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2010 JAMB UTME Economics Past Questions
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2010
The mean is the best measure of central tendency because it
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2010
The standard deviation of a set of data is
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2010
The downturn in the prices of shares on stock markets is a highlight of
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2010
Economics is the study of human behaviour as it relates to the
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2010
The law of diminishing marginal utility explains why
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2010
One of the assumptions of ordinal utility theory is that
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2010
Consumer surplus tends to be higher when demand is
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2010
If the price of a commodity with elastic demand increases, the revenue accruing to the producer will
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2010
If the demand for a good is more elastic than its supply, the tax burden is borne
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2010
In perfect competition,price is determined by the
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2010
If commodity X is a by-product of commodity Y , this implies that both commodities are
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2010
If the coefficient of price elasticity of supply is greater than one, the supply is said to be
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2010
A set of factors that can shift the supply curve are changes in
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2010
If a consumer plans to spend 120k on four oranges but spent 80k, his consumer surplus is
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2010
An industry's supply curve is more likely to be elastic when firms are
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2010
The rising portion of the long-run average cost curve of a firm is an indication that it is experiencing
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2010
A firm enjoying economies of scale is said to be
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2010
Average product is less than marginal product when
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2010
In order to reduce hardship faced by consumers due to high prices government can introduce
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