Microeconomics
JAMB UTME Economics
8 Microeconomics practice questions covering everything you need for JAMB UTME.
Drill Microeconomics →Sample Microeconomics questions
Q12021· EASY
When supply exceeds demand, price tends to:
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Q22023· MEDIUM
A good with no close substitute has:
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Q32023· MEDIUM
Opportunity cost is:
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Q42022· EASY
Equilibrium occurs when:
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Q52023· EASY
When price rises, quantity demanded usually:
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Q62022· EASY
If demand exceeds supply at the current price, the price will:
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Q72023· EASY
An increase in the price of a good usually causes:
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Q82023· EASY
The law of demand states that, all things being equal, as price rises:
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