Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. NDA
  4. /
  5. Economics
  6. /
  7. 2015/2016
  8. /
  9. Q26
Question 26
Use the following demand and supply schedule to answer questions 26-29.
Price(₦)Quantity demandedQuantity supplied
1203
2186
3158
41010
5815
6618
7220

What is the equilibrium price?
  • A.4
  • B.10
  • C.6
  • D.7
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2015/2016
Question no.
#26
Type
Objective
Previous · Q25The income-consumption relationship indicates that the marginal propensity to… Next · Q27 Use the following demand and supply schedule to answer questions 26-29…

More from this paper

  • Q22A typical feature of a market economy is that
  • Q23In long-run, one of the characteristics of monopolistic competitive firms is…
  • Q24Per Capita Income in any African country is measured by
  • Q28Use the following demand and supply schedule to answer questions 26-29…
  • Q29What is excess supply at the equilibrium price?
  • Q30The additional revenue obtained by using one more unit of a factor is called…
See all Economics 2015/2016 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