JAMB - Economics (1979 - No. 2)
Which of the following is not true of the theory of optimum population?
It is possible for densely populated country to be underpopulated if it has insufficient labour to make the most effective use of its other factors
The quantity of labour which combined with the other factors gives the minimum output is known as optimum population
The quantity of labour which combined with the other factors, gives the maximum output, is known as optimum population
The test for over-population is whether it exceed the optimum
It is possible for a thinly populated country to be over populated if it has a poor supply of other factor