₦airaland Forum

elgaitan: 1-if price is decreased 2-i think Adams smith 3-fall in demand of d oda

Gbam!

But dat que 2,should be John Maynard Keynes ,because dat guy finish monetary eco oooo

crowther15: compliment man, Odunhana don jam admissn for UNN TEAM Banking and finance

Nice one....odun baba...tell him to come and say HI to us na...

ans: aabcabacaa....

Pls...collectively,lets make diz thread beneficial to the 2014 jambites by postin questions. God bless.

Abeg where odunhanna dey?

BRAINEE123: 1..when price elsticity is greater than 1,demand is.......
A.elastic
8.unit elastic
C.inelastic
D.perfectly elastic

2.price times quantity is the way to calculate
A.total revenue
B.the foreign exchange rate
C.total cost
D.market equilibrium

3.when elasticity is less than 1,total revenue increases if price
A.decreases
B.increases
C.holds constant
D.is increased by 1

4charging different customers differant prices for the same product is called
A.foreign exchange expliotation
B.labour expliotation
C.price descrimination
D.pure price competition

5.the goods that have a positive cross elasticity of demand are
A.substitute
8.complements
C.luxuries
D.necessities

6.two goods that have a negative cross elasticity of demand are
A.substitute
B.complements
C.luxuries
D.necessities

7.luxury goods have a larger income elasticity of demand than
A.normal goods
B.substitutes
C.complements
D.independent

8. Which of the following statement is correct?
A.the short run is less than two weeks;the long run is more than two weeks
B.the short run is less than two months;the long run is more than two months
C.the short run is just short enough that the quantitie of all resource cannot be varied;the long run is just long enough that the quantities of all resourses can be varied.
D.the short run is just short enough that the quantities of all resourses can be varied;the long run is just long enough that the quantities of all resources cannot be varied.

9.tax incidence refers to
A.who pays the a tax
B.the level of government that imposes a tax
C.the form of businesses organisation that must pay a tax
D.the amount of revenue generated by a tax

10.suppose that the price elasticity of demand for coca cola is 0.5 ,while the supply elasticity of coca cola is 4.0. If a tax is placed on coca cola,the tax will actually be paid
A. Mostly by the buyers of coca cola
B.equally by the buyers and sellers of coca cola
C.mostly by the sellers of coca cola
D.none of the above

.....any responce?

@Adegbemigunjosh...have u been able to decode it?

Taylor184: No 1....you dont need to come before the pume,and during the pume,you will surely find someone to stay with,i can accomodate pple durin d pume...
No 2....use google map bro..
No 3...Jamb standard and it is PPT
No 4...Just Pume for 2013/14 admission process,dont knw UI will use next year,the school is dynamic when it comes to admission..they cant be predicted,,
No 5...less than 50k(includin accomodation)

exactly...

Damitism: I smell another round of stressful activities ahead of us. I stumbled upon what last year candidates went through as I was surfing UI website. (click here). I advise u too go through it to know what to expect.

Oluwa oooo! Shey na visa person dey apply to ni? See procedure! UI gat wahlah gan ooo

Adegbemigunjosh: m not gettin it,,,

U need to try. Look @ a black berry keys,and use doz letters to decode d no. If u can't, drup ur own no sire

Eyideejay: Happy new year guyz. My own suggestion is dat u shld choose U.I for now, after ur utme exam, u wld hv gotten info weda UI wil b admitting or not, U may then go for change of institution form provided there wont b admission dz year. My ogaz for 2013/14 thread, i humbly bow and doff my hat. Repping MBBS.

This is a very good suggestion

.....

1..when price elsticity is greater than 1,demand is.......
A.elastic
8.unit elastic
C.inelastic
D.perfectly elastic

2.price times quantity is the way to calculate
A.total revenue
B.the foreign exchange rate
C.total cost
D.market equilibrium

3.when elasticity is less than 1,total revenue increases if price
A.decreases
B.increases
C.holds constant
D.is increased by 1

4charging different customers differant prices for the same product is called
A.foreign exchange expliotation
B.labour expliotation
C.price descrimination
D.pure price competition

5.the goods that have a positive cross elasticity of demand are
A.substitute
8.complements
C.luxuries
D.necessities

6.two goods that have a negative cross elasticity of demand are
A.substitute
B.complements
C.luxuries
D.necessities

7.luxury goods have a larger income elasticity of demand than
A.normal goods
B.substitutes
C.complements
D.independent

8. Which of the following statement is correct?
A.the short run is less than two weeks;the long run is more than two weeks
B.the short run is less than two months;the long run is more than two months
C.the short run is just short enough that the quantitie of all resource cannot be varied;the long run is just long enough that the quantities of all resourses can be varied.
D.the short run is just short enough that the quantities of all resourses can be varied;the long run is just long enough that the quantities of all resources cannot be varied.

9.tax incidence refers to
A.who pays the a tax
B.the level of government that imposes a tax
C.the form of businesses organisation that must pay a tax
D.the amount of revenue generated by a tax

10.suppose that the price elasticity of demand for coca cola is 0.5 ,while the supply elasticity of coca cola is 4.0. If a tax is placed on coca cola,the tax will actually be paid
A. Mostly by the buyers of coca cola
B.equally by the buyers and sellers of coca cola
C.mostly by the sellers of coca cola
D.none of the above

crowther15: as much as u can, 240 upward

Ajayi crowther. I sight u oooo. Oya folo me enta

www.nairaland.com/1217814/online-economics-questions-jamb-pume/24

Adegbemigunjosh: bro u dont knw hw much dis post has really helpd my decision...just gained admission into OAU to study Eco Edu,though i applied 4 dt tinkin i wil cross to Eco b.sc in year 2 buh now i tink i dont nid dat anymore...Tankz bro,,,plz leave ur whatsapp number wanna discuss sumtinz wit u

MBRFTHTRGFV....dats ma no...u can decode it wit bb keys. And if u can't,let me no. Nice knowing u sire!

Up Eco!!!

techfreak: pls i want to know d diff btw econs under social sci faculty and econs education under educational faculty. Tnx

D diff is dat, Eco edu(B.ed) covers all dat an Eco (B.sc) will do,and also cover certain courses under fac of education. d Eco felas and Eco edu felas receive lectures 2geda as Economists to be.
But the rigore in Eco edu is higher dan dat of B.sc Eco. Edu nd Edu do more causes. also,Eco Edu felas are traind to be educators and other proficiency an Eco B.sc can acclaime.

emekakelvin: Amen

Baba! Oya make we start wk on diz thread ooo! I don gada small momentom

Am enjoying u guyz . Seriously!
Kudos to u all

emekakelvin: Are you sure about this? Why not use the Depletion method?

See people pikin! Chai...wich wan be depletion metod agian ooo...?

Anyway, i was unable to do anytin on ma fb acct. I guess a p has occured. will get it done asap,when rectified

Happy new yr to everyone viewing this thread. This yr will crown everyone one of us with blessing IJN...

Let the Eco felas say amen!

Fynestboi: I just dey watch.

Geme d link to dat eco thread. Abeg!

Dr.'Hesjay:
The PostUTME Reg era started on Friday,21st June 2013 when UI released a notification for registeration for PostUTME examination,a date earlier proposed by Samuel,a medical aspirant and Jossy4luv. As expected, the process started the monday that followed with most people registering on that day. I remember colelcting five thousand Naira from my dad instead of the two thousand Naira that was to be used for the registeration. I did my own registeration on thursday,27th June. The era witnessed lots of posts,strictly for questions on uploading of passport and signature and for other requirements for the registeration. Though,it lasted for a short period of time,it has lots of pages since it was indeed a very crucial era. The era ended when the registerations came to a halt. I won't forget the bruhaha that occured then over suggestions of what UI will use as the factor for shortlisting candidates who were to write the postUTME,it was indeed fun.

Doctor dey para ooo! U dey keep record like my old man. 9ice one,anyway.

Mesopotamia: i don unfollow am teytey....buh jst type 'horoscope' on google search page and it'll show u all u need knw.....hope dah helps?

Yes,it does. Tnx Sire!

Netee , meet me @ d backyard aroud 5pm. We get talk.

This thread is meant to provide relevant SAT maths questions and solutions ... Good bless

Abeg...if u knw the link to the zodiac signs whatever,post it!

kindly post GRE maths questions here,for solution. And also,feel free to solve questions for people.

Sinzu... plc link me to that thread that talks on zodiac signs...ASAP

Fynestboi...can u kindly link me to dat Economics tutorial thread?

Gbajutaiwo: Happy new year! May it be d year of joy, happiness nd prosperity to y'all.

Amen! xame to u!

Mismak: A big/special shout out to evry1 in dis forum.....

#odun yii a san wa sire, a san sayo.....HNY

Luff y'all

Ayo-Ade...luff u too.

A year of over-flow

Debonny90: Happy new year every1

A year with a lot of goodies. Xame to u!

obalampard: Happy New Year to everyone! Even tho I came in here late last year...u guys had a hand in making it a very gud one even tho u might not knw And this year I op it won't be any different...ur year of multiple enlargement is here guys!

Amen...9ice wan

Parlegrandpa: Pls guys, I hv a qustin botherin my mind bt cldnt trace d best trend to ask it. My questi is "wat is so special abt makin d 1st page". #no yab

There is nothing special about it. just that some felas are to sentimental about it. It's a banal philosophy.