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Monday, 13 April 2026
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Economics Past Questions and Answers

Jamb Economics Questions

Question 31:
[table][tbody][tr][td] X [/td][td] 2 [/td][td] 3 [/td][td] 4 [/td][td] 5 [/td][/tr][tr][td] F [/td][td] 2 [/td][td] 5 [/td][td] 2 [/td][td] 1 [/td][/tr][/tbody][/table] What is the median of the distribution?
  • A 5
  • B 4
  • C 3
  • D 2
View Answer & Explanation
Question 32:
In other to enhance the utility of a particular commodity, it was moved from a place where it has little utility to another area where its utility is higher. This form of utility is referred to as?
  • A Marginal utility
  • B Form utility
  • C Place utility
  • D Total utility
View Answer & Explanation
Question 33:
Which of the following is an advantage of localization of industry?
  • A Development of subsidiary firms
  • B Creation of parallel market
  • C Development of slums
  • D Attraction of foreign capital
View Answer & Explanation
Question 34:
Factors affecting size of Labour Force include the following EXCEPT?
  • A Level of technology
  • B Retirement age
  • C Government policies
  • D Trade Union activities
View Answer & Explanation
Question 35:
Calculate the population density of Nigeria, having a total population of 180 million with a total land area of 923,768 sq km?
  • A 195 million people per sq km
  • B 5132 people per sq km
  • C 195 people per sq km
  • D 1.7 million people per sq km
View Answer & Explanation