Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. UI
  4. /
  5. Economics
  6. /
  7. 2020/2021
  8. /
  9. Q8
Question 8

For two substitute goods, the cross elasticity of demand is

  • A.two
  • B.zero
  • C.negative
  • D.positive
  • E.infinity
Objective

Question details

Exam body
UI
Subject
Economics
Year
2020/2021
Question no.
#8
Type
Objective
Previous · Q7Retailers in an economy perform the function of Next · Q9 An economic system in which most capital goods are owned by individual private…

More from this paper

  • Q4If one orange cost 20k and one kilogram of beef cost N10, the opportunity cost…
  • Q5One of the major advantages of specialization is that
  • Q6The most dominant economic activity which employs the largest number of people…
  • Q10The coefficient of price elasticity of demand is zero when demand is
  • Q11Which of the following factors is not important in deciding the location of an…
  • Q12The clearing house of all commercial banks in Nigeria is the
See all Economics 2020/2021 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