by Sunday | Oct 28 | Economics JAMB
A. a lower equilibrium price B. a change in quantity demanded C. an outward shift of the demand curve D. an inward shift of the demand curve Correct Answer: Option C – an outward shift of the demand curve
by Sunday | Oct 28 | Economics JAMB
A. is a downward-sloping curve B. has a negative intercept C. is a straight line D. is an upward-sloping curve Correct Answer: Option D – is an upward-sloping curve
by Sunday | Oct 28 | Economics JAMB
A. A decrease in supply B. An increase in demand C. A decrease in price D. An increase in price Correct Answer: Option D – An increase in price
by Sunday | Oct 28 | Economics JAMB
A. Supply has increased B. Quantity supplied has increased C. Quantity demanded has increased D. Price has fallen Correct Answer: Option A – Supply has increased
by Sunday | Oct 28 | Economics JAMB
A. E3 B. E1 C. E4 D. E2 Correct Answer: Option D – E2