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Cameroon GCE A-Level Economics Practice Questions - Cameroon General Certificate of Education Advanced Level - Economics (0725) Exam

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About this Exam

Prepare with the Cameroon GCE A-Level Economics Practice Questions - Cameroon General Certificate of Education Advanced Level - Economics (0725) Exam practice quiz. This question bank includes 100 questions covering price, fcfa, market, demand, and total. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

Sample Questions

Question 1
Which of the following fundamental economic concepts is illustrated by a movement from one point to another along a downward-sloping Production Possibility Frontier (PPF)?
Economic growth resulting from an increase in total factor productivity.
The existence of unemployed or underutilized productive resources within the economy.
Opportunity cost, whereby producing more of one good necessitates sacrificing units of another good.
A shift in consumer preferences towards capital-intensive modes of production.
Question 2
In microeconomic analysis, which of the following scenarios will cause a rightward shift of the market demand curve for beef, rather than a downward movement along the existing demand curve?
A substantial decrease in the retail market price of beef.
A significant rise in the market price of fish, a close substitute for beef.
An increase in the wage rates paid to slaughterhouse workers and butchers.
An improvement in cattle breeding technology that reduces production costs.
Question 3
If the prevailing market price of palm oil in Douala is set strictly below the market-clearing equilibrium price, what condition arises in the market and how does the price mechanism restore equilibrium in a free market?
An excess supply (surplus) emerges, exerting downward pressure on price until equilibrium is restored.
An excess demand (shortage) emerges, causing buyers to bid up the price until quantity demanded equals quantity supplied.
Market supply shifts rightward automatically until the shortage is eliminated at the prevailing price.
The market remains permanently in disequilibrium because price signals cannot adjust without direct government rationing.
Question 4
The market demand equation for a consumer good is given by $Q_d = 400 - 5P$, where $P$ is the price in FCFA and $Q_d$ is the quantity demanded in units. What is the point price elasticity of demand ($PED$) at a price of 40 FCFA?
-0.50
-1.00
-2.00
-0.25
Question 5
When the price of a standard bag of cement in Yaoundé increases from 4,000 FCFA to 5,000 FCFA, the quantity demanded decreases from 120 bags to 80 bags per day. Using the midpoint (arc) formula, what is the price elasticity of demand ($PED$)?
-0.56
-1.80
-1.25
-2.25

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Cameroon GCE A-Level Economics Practice Questions - Cameroon General Certificate of Education Advanced Level - Economics (0725) Exam

This practice set contains 100 questions from the matching question bank and focuses on price, fcfa, market, demand, and total. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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Frequently Asked Questions

This quiz contains a total of 100 practice questions carefully selected to test your knowledge on this subject.
Yes, you will have exactly 0 minutes to complete the exam. A countdown timer will be visible once you start.
Yes, you can retake this practice test as many times as you need. The questions and options may be randomized on subsequent attempts to ensure comprehensive learning.

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