Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. JAMB
  4. /
  5. Economics
  6. /
  7. 2005
  8. /
  9. Q0
Question 0

A major assumption in a perfectly competitive market is that

  • A.the number of buyers and sellers is small
  • B.individuals cannot influence prices
  • C.the quality of products remains the same
  • D.prices will always remain constant
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
2005
Question no.
#0
Type
Objective
Previous · Q0Above full employment level, an expansionary monetary policy will lead to a Next · Q0 A discount house is a market where

More from this paper

  • Q0The regulatory authority of the capital market in Nigeria is the
  • Q0In the long run, the equilibrium point of a monoplistic firm is a point where…
  • Q0Given that Y= C+I, where C= 50+0.75 and I = N45m, what is the equilibrium level…
  • Q0Idle cash balances are held for
  • Q0In a particular year, the sum of the value added in each sector of the economy…
  • Q0Population density is described as the
See all Economics 2005 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