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.

Does Examkits work offline?

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 2022 - Question 2

Economics 2022 JAMB Past Questions - Question 2: If at 10K per kg, 1000kg of yam were purchased, the resultant point elasticity of demand is

If at 10K per kg, 1000kg of yam were purchased, the resultant point elasticity of demand is

A: 0.33

B: 0.0001

C: 1

D: 10000

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ECONOMICS

Economics 2022 JAMB Past Questions - Question 2: If at 10K per kg, 1000kg of yam were purchased, the resultant point elasticity of demand is

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Correct Answer

Explanation