Economics (UI) Study Mode

Try this quiz in CBT Mode
Economics (UI) in CBT Mode

Please share this quiz link to your friends, they might need it!

Quiz link
Share Economics (UI) with your friends
Share to WhatsApp Share Quiz CBT mode Study mode copy link
https://quizzerweb.com.ng/quiz?q=Economics%2B%2528UI%2529&id=66

Join Discuss Share Question Share to WhatsApp
Question 51 Economics (UI) | UI Post UTME
A
interest on loans  
B
rent on buildings  
C
depreciation reserves  
D
management expenditure  
E
wages  
Explanation.
Share Answer

No official Explanation yet!


Correct Option:
E
Join Discuss Share Question Share to WhatsApp
Question 52 Economics (UI) | UI Post UTME
A
interest rates  
B
opportunity costs  
C
economic rent  
D
indirect costs  
E
wages  
Explanation.
Share Answer

No official Explanation yet!


Correct Option:
C
Join Discuss Share Question Share to WhatsApp
Question 53 Economics (UI) | UI Post UTME
A
marginal revenue equals average cost  
B
price equals average cost  
C
price equals marginal cost  
D
marginal cost equals marginal revenue  
E
average revenue equals average cost  
Explanation.
Share Answer

No official Explanation yet!


Correct Option:
D
Join Discuss Share Question Share to WhatsApp
Question 54 Economics (UI) | UI Post UTME
A
market segmentation  
B
product differentiation  
C
price  
D
profit  
E
supply  
Explanation.
Share Answer

No official Explanation yet!


Correct Option:
B
Join Discuss Share Question Share to WhatsApp
Question 55 Economics (UI) | UI Post UTME
A
P=MC  
B
MR=MC  
C
AR=AC  
D
marginal cost is rising  
E
marginal revenue is rising  
Explanation.
Share Answer

No official Explanation yet!


Correct Option:
B
Join Discuss Share Question Share to WhatsApp
Question 56 Economics (UI) | UI Post UTME
A
perfect competition  
B
monopoly  
C
monopolistic competition  
D
oligopoly  
E
competition  
Explanation.
Share Answer

No official Explanation yet!


Correct Option:
A
Join Discuss Share Question Share to WhatsApp
Question 57 Economics (UI) | UI Post UTME
A
demand is inelastic  
B
demand is infinitely elastic  
C
marginal cost is falling  
D
price is greater than marginal cost  
E
price is less than marginal cost  
Explanation.
Share Answer

No official Explanation yet!


Correct Option:
B
Join Discuss Share Question Share to WhatsApp
Question 58 Economics (UI) | UI Post UTME
A
Gross investment  
B
Net investment  
C
Net foreign income  
D
Capital depreciation  
E
Net and gross  
Explanation.
Share Answer

No official Explanation yet!


Correct Option:
D
Join Discuss Share Question Share to WhatsApp
Question 59 Economics (UI) | UI Post UTME
A
Allowance for total depreciation  
B
Total interest payments  
C
Total tax and interest payments  
D
Net income from abroad  
E
none of the above  
Explanation.
Share Answer

No official Explanation yet!


Correct Option:
D
Join Discuss Share Question Share to WhatsApp
Question 60 Economics (UI) | UI Post UTME
A
The ratio of the change in income to the change in investment  
B
The change in investment divided by the change in income  
C
1/(MPC)  
D
1/(1-MPS)  
E
Process of multiplying initial increase in income  
Explanation.
Share Answer

No official Explanation yet!


Correct Option:
A
Previous Page Next Page
Question Map