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Economics Past Questions


Question 81:


X 2 3 4 5
F 2 5 2 1


What is the median of the distribution?

A. 5
B. 4
C. 3
D. 2


Question 82:


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


Question 83:


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


Question 84:


Factors affecting size of Labour Force include the following EXCEPT?

A. Level of technology
B. Retirement age
C. Government policies
D. Trade Union activities


Question 85:


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






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