Economics Past Questions For JAMB, WAEC, NECO & Post UTME, With Answers, And Explanations - Economics

Economics Questions

Question 431:

Which of these would NOT increase population of a country

Question 432:

The optimum population of a country is reached when

A All factor of production have been fully employed
B The productive effort per man is at its highest with a given volume of resources
C The total population of a country increases
D The natural resources of a country increases
E The working population of a country increases

Question 433:

In economics, production is complete when

Question 434:

A rational consumer will adjust his spending pattern so that

A He buys only the one item that gives him most total satisfaction
B The marginal utility he gets from the last unit of item is the same
C The marginal utility he gets from the last naira spent on each item is the same
D The total utility he gets from each item is the same
E The total amount of money he spends on each item is the same

Question 435:

Bondholders are treated more favorably than shareholders because