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Economics 2008 Jamb Past Questions and Answers

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Economics 2008 Jamb Past Questions


Question 46 :



Use the data below to answer this questions
54, 36, 62, 79, 83, 36, 62, 42, 62, and 42.
Calculate the mean?

A. 45.5
B. 55.6
C. 55.8
D. 65.8


Question 47 :



Use the data below to answer this questions
54, 36, 62, 79, 83, 36, 62, 42, 62, and 42.
What is the modal score?

A. 36
B. 42
C. 54
D. 62


Question 48 :



Use the information below to answer this question.
Given that Q d = 20 - 4P and Q = 6P + 12
Determine the equilibrium quantity

A. 14.2
B. 16.8
C. 20.8
D. 30.2


Question 49 :



Use the information below to answer this question.
Given that Q d = 20 - 4P and Q = 6P + 12
If price is increased to N3, how much is the excess supply?

A. 30
B. 22
C. 12
D. 8


Question 50 :



One of the factors affecting the supply of manufactured goods is

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






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