2002
If commodities A & B are jointly demanded, what will be the effect of an increase in the price of A on the demand for commodity B?
See more
2002 NECO SSCE Economics Past Questions
2002
Long-run in economic mean a period of time in which
See more
2002
When combination of two goods which a consumer derive equal satisfaction is plotted on a graph, the graph is known as
See more
2002
If the prices of a commodity increases from N8.00 to N10.00 and the demand decreases from 100 to 80 respectively, what is the price elasticity of demand for the commodity?
See more
2002
Which of the following is NOT a feature of capitalism ?
See more
2002
Remuneration of labour based on number of hours worked is known as
See more
2002
Which of the following measure will NOT serves as a control during inflation period?
See more
2002
Government expenditure on universal basic education and subsidy on agriculture are aimed at
See more
2002
A producer who can only influence the price of his product but canNOT determine the quantity to be sold is referred to as
See more
2002
The formular used by the Expenditure approach to calculate National income is
See more
2002
To discourage the consumption of harmful commodities, government should tax such commodities if they have
See more
2002
An economic system in wich the decision on what and how to produce is determined by the individual is called
See more
2002
If the consumer demand for product X increases, as the demand for product, Y increases then the goods X and Y are
See more
2002
Which of the folowing NOT among the objectives of OPEC?
See more
2002
The following are type of business organization EXCEPT
See more
2002
Tc/Q =
See more
2002
One of the function of united nation conference on trade and development (UNTAD) is to
See more
2002
Disposable income in national income accounting is an income which
See more
2002
The following are reward for factors of production EXCEPT
See more
2002
Which of these is a necessary condition for trade by barter?
See more