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2016 NECO GCE ECONOMICS QUESTION AND ANSWERS NOW AVAILABLE FOR FREE
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EDUBRAZEE 01:55 Sat, 12 Nov 2016

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MON 14th November 2016
ECONOMICS(obj and essay)2:00pm-5:00pm






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Replies

9jahub Mon 14 Nov 2016
NECO GCE ECONOMICS ANSWERS

1 10 EDBBEBBEBA
11 20 BBBEEDBECD
21 30 DBCDDEBEAA
31 40 BDBBABBAEE
41 50 BDBBABBAEE
51 60 CACBCEEACB
9jahub Mon 14 Nov 2016
I. equilibrium price is #5

(Ii)
Qd = 45-3p
45-3(5)
45-15
=30

Qs=20+2p
20+2(5)
20+10
=30

(Iii)
When price is #12
Qd=45-3p
45-3(12)
45-36
=9

As=20+2p
20+2(12)
20+24
=44

Excess supply is 35
9jahub Mon 14 Nov 2016
i cant post more.. the spam bot is disturbing

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