Examkits is a JAMB CBT practice platform that provides over 20 years of past questions, Post UTME questions, and detailed video solutions to help students prepare for their exams.

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You can practice JAMB past questions online, on Android, or on a desktop using the Examkits app. Just register on our website and choose your preferred device.

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Yes. Our Android and Windows versions support offline usage. Once downloaded and activated, no internet is required to use most of the features.

Do you offer video solutions for JAMB questions?

Yes, Examkits provides detailed video explanations for all JAMB past questions from 2000 to 2024, helping students understand how to solve each problem.

Examkits offers free practice for some subjects. However, full access requires a one-time affordable activation fee for each version of the app.

ECONOMICS

JAMB 2021 - Question 14

Economics 2021 JAMB Past Questions - Question 14: In the theory of production, a producer is at equilibrium at a point where

Choose the most appropriate option for the gap .

In the theory of production, a producer is at equilibrium at a point where

A: isocost is above the isoquant curve

B: isoquant is below the isocost curve

C: isocost is tangent to the marginal revenue

D: isoquant is tangent to the isocost curve.

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ECONOMICS

Economics 2021 JAMB Past Questions - Question 14: In the theory of production, a producer is at equilibrium at a point where

Examkit's JAMB CBT App

Correct Answer

Explanation