Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. FUTA
  4. /
  5. Economics
  6. /
  7. 2017/2018
  8. /
  9. Q4
Question 4

For normal goods the income elasticity of demand is

  • A.positive
  • B.Negative
  • C.Zero
  • D.Infinite
Objective

Question details

Exam body
FUTA
Subject
Economics
Year
2017/2018
Question no.
#4
Type
Objective
Previous · Q3Given an original price of #400 per kilogram of rice and a change in price of… Next · Q5 An increase in supply will lower price unless

More from this paper

  • Q1If one orange costs #20 and one kilogram of beer costs #400, the opportunity…
  • Q2In economics life, choice alternative depends on the
  • Q6Air is essential to life but commands no price! Diamond is not essential to life…
  • Q7Average fixed cost is .....
  • Q8The form of capital which is usually consumed or transformed into finished goods…
  • Q9The average production of labor in given Period is obtained by dividing the
See all Economics 2017/2018 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy