Success is sure.... Dose aspirant offering Economics in Jamb... Can meet here for better understandng..

The fundamental of economics is based on (a)demand (b)supply (c)scarcity (d) all of the above

emekakelvin: The fundamental of economics is based on (a)demand (b)supply (c)scarcity (d) all of the above

d

Nice1 Fynest boi... Una go c me wella here cos i dy do Economics in both Jamb and very sures postume 2...

I'm gonna spend more time here mehn @government thread #ONCE-IN-A-BLUE-MOON.....lol

Dats nice...

adetola31: Nice1 Fynest boi... Una go c me wella here cos i dy do Economics in both Jamb and very sures postume 2...

dats gud 2 knw.... Success bro...

Fynestboi: d

scarcity is d answer

Hmmmmmm

emekakelvin: scarcity is d answer

Fynestboi: Hmmmmmm

yap. This is because Economics had been once described as the study of scarcity

Average cost curve is tengential to the....(a)average revenue at vertical provided it is perfectly elastic demanded (b)average revenue at horizontal (c)at any point other than average revenue (d)total cost curve

emekakelvin: Average cost curve is tengential to the....(a)average revenue at vertical provided it is perfectly elastic demanded (b)average revenue at horizontal (c)at any point other than average revenue (d)total cost curve

(a)average revenue at vertical provided its perfectly elastic....wrong? *eyesklosed*

Adex097: (a)average revenue at vertical provided its perfectly elastic....wrong? *eyesklosed*

(b)tengential to the average revenue at horizontal

emekakelvin: (b)tengential to the average revenue at horizontal

opp...i knew its gonna be btw a or b

A high rent on land will affect the cost of producing maize
a.positvely
b.negatively
c.at the early stage of production
d.at the later stage of production

Thank God oh!!!!!! Economics thread has been opened but this questions look hard sha oh

I'm really interested in dis economics thread. Bravo 2 d thread iniator, moreover dis questns are to simple

Adex097: A high rent on land will affect the cost of producing maize
a.positvely
b.negatively
c.at the early stage of production
d.at the later stage of production

B

Adex097: A high rent on land will affect the cost of producing maize
a.positvely
b.negatively
c.at the early stage of production
d.at the later stage of production

it will affect it negatively bcoz it will result in hike in price of maize due to the hike in price of inputs

I'll upload more questns asap.pls prepare earnestly 4 d upcoming jamb n putme

Emmy35: B

wrong

Abuklaw: it will affect it negatively bcoz it will result in hike in price of maize due to the hike in price of inputs

very wrong...lol

Adex097: A high rent on land will affect the COST OF PRODUCING MAIZE
a.positvely
b.negatively
c.at the early stage of production
d.at the later stage of production

the answer is c.at the early stage of production.
REASON:if the rent on land meant for maize production increases, the cost of producing maize increases too ceteris paribus.
NB: take note of the bolded part of the question "cost of producing maize" not price of maize
#JAMB QUESTION=THINK TWICE BEFORE CHOOSING YOUR FINAL ANSWER.

Adex097: the answer is c.at the early stage of production.
REASON:if the rent on land meant for maize production increases, the cost of producing maize increases too ceteris paribus.
NB: take note of the bolded part of the question "cost of producing maize" not price of maize
#JAMB QUESTION=THINK TWICE BEFORE CHOOSING YOUR FINAL ANSWER.

thump up 4 dat xplanation

Abuklaw: I'll upload more questns asap.pls prepare earnestly 4 d upcoming jamb n putme

welcome bro. We are xpecting more question

Let go off academics but it is knowlegeable. It goes thus between mosquitoes and lion which is more dangerous

The demand for factor of production is (a)competitive demand (b)composite demand (c)complementary demand (d)circuitcious demand (e)none of the above

In a demand curve curve,the relationship btw price and quantity demamded is (a)indeterminable (b)direct (c)nil (d.)inverse

Which of this situation can give rise to economic problems? (a)unlimited human wants (b)wants of varying important (c)limited means of satisfying wants (d)means used in different ways

emekakelvin: The demand for factor of production is (a)competitive demand (b)composite demand (c)complementary demand (d)circuitcious demand (e)none of the above

c #waitin for the bell

emekakelvin: Which of this situation can give rise to economic problems? (a)unlimited human wants (b)wants of varying important (c)limited means of satisfying wants (d)means used in different ways

c

emekakelvin: In a demand curve curve,the relationship btw price and quantity demamded is (a)indeterminable (b)direct (c)nil (d.)inverse

d

papindinho: c #waitin for the bell

u are wrong sir. Still wating 4 the rite answer