JAMB Economics Past Questions & Answers - Page 279

The producer in a perfectly competitive market is faced with a demand curve whose elasticity is

Given that the elasticity of demand for a commodity is 2.5, the percentage change in the quantity demanded as a result of a 10 percent change in its price is

If an increase in the price of a commodity leads to increase in total revenue, then it means that the demand for this commodity is

One of the objectives of Nigeria's current population policy is to

In a country, if the proportion of people who are below 15 years is 45% and those above 60 years is 30%, this implies that the