Jamb Economics Past Questions For Year 2008

Question 6

One of the factors affecting the supply of manufactured goods is

jamb 2008

  • A. Weather
  • B. Technology
  • C. Consumer tastes
  • D. Availability of inputs
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Question 7

From the shaded area of the diagram above, an appropriate population policy will be to

jamb 2008

  • A. encourage early marriages
  • B. discourage immigration
  • C. discourage polygamy
  • D. encourage the use of contraceptives
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Question 8

From the graph above , point M shows that MC

jamb 2008

  • A. cuts AC at its minimum point
  • B. and AC rises simultaneously
  • C. cuts AC at its maximum point
  • D. is falling
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Question 9

In the diagram above, there is an excess

jamb 2008

  • A. demand for 30 units
  • B. supply of 40 units
  • C. demand for 20 units
  • D. supply of 20 units
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Question 10

If the standard deviation of a given data is 8.2, find its variance

jamb 2008

  • A. 4.1
  • B. 67.2
  • C. 82.0
  • D. 91.8
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