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JAMB Economics 2021 Objective — Question 4

Question 4 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2021 Objective paper, with the correct answer and a full explanation.

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4. Optimum population is a. Highest possible population b. Lowest possible population c. Best density population d. Equilibrium level of population

  • A. Highest possible population
  • B. Lowest possible population
  • C. Best density population
  • D. Equilibrium level of populationCorrect

Explanation

Optimum population is the population level that best matches (equates) available resources to the population, i.e. the equilibrium level of population.

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