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Question 0

If price of yams decreases from N15.00 per tuber to N13.50 and the quantity supplied decreases by 20%. What is the elasticity of supply?

  • A.2.00
  • B.0.50
  • C.1.50
  • D.1.00
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
2016
Question no.
#0
Type
Objective
Previous · Q0The study of economics is necessary mainly because of Next · Q0 Which of the following is NOT a source of government revenue?

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