2015
The diagram above shows the shifts in both demand supply curves. What is the new equilibrium point after the shifts?
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2015 JAMB UTME Economics Past Questions
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2015
All the following are problems identified with agriculture in West Africa except
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2015
The law of variable proportions is also known as
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2015
The headquarter of the Organization Of Petroleum Exporting Countries (OPEC) is in
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2015
In which situation is it likely that the demand for labour would be inelastic?
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2015
The combination of two commodities each yielding the same level of satisfaction to the consumer is
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2015
All the following are factors that would bring about a change in supply except
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2015
Revenue can be expressed as
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2015
The tax levied on locally produced goods is
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2015
The quantity theory of money states that a reduction in the quantity of money in circulation would bring about
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2015
The source of all economic problems arises from
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2015
A commercial bank can create money by
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2015
What will increase the likelihood that the firms in an industry will conclude to maximize their joint profit?
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2015
\(\begin{array}{c|c|c} \text{Units of quantity} & \text{Total utility} & \text{Marginal utility} \\ \hline 0 & - & - \\ \hline 1 & 10 & 10 \\ \hline 2 & 15 & 5 \\ \hline 3 & 17 & 2…
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2015
The concentration of industries in a particular geographical area is
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2015
The market in which the operators are many and none of them can influence the price is
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2015
Petroleum has the following positive contributions to the Nigerian economy except
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2015
\(\begin{array}{c|c} \text{Capital consumption allowance} & \text{N20,000} \\ \hline \text{Gross domestic production} & \text{N60,000} \\ \hline \text{Factor payment to foreigners} & \text{N10,000} \\ \hline…
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2015
Which of the following business units can issue shares?
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2015
A monopolist has the power to influence the prices of goods and services. Therefore, he is a
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