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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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 2013 - Question 9

Economics 2013 JAMB Past Questions - Question 9: If the price of a bicycle changes from #120 to #80 and the quantity bought changes from 300 to 500 units, the elasticity of demand for bicycle is

Choose the most appropriate option for the gap .

If the price of a bicycle changes from #120 to #80 and the quantity bought changes from 300 to 500 units, the elasticity of demand for bicycle is

A: 66.7

B: 0.5

C: 1.5

D: 2.0

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ECONOMICS

Economics 2013 JAMB Past Questions - Question 9: If the price of a bicycle changes from #120 to #80 and the quantity bought changes from 300 to 500 units, the elasticity of demand for bicycle is

Examkit's JAMB CBT App

Correct Answer

Explanation