by Sunday | May 24 | Economics WAEC
A. several firms producing different commodities B. group of firms producing similar commodities C. different firms producing equal number of commodities D. many firms producing for exports Correct Answer: Option B B. group of firms producing similar...
by Sunday | May 24 | Economics WAEC
A. allocate resources B. limit a worker’s skills C. increase the use of labour D. increase productivity Correct Answer: Option D D. increase productivity
by Sunday | May 24 | Economics WAEC
A. it is the main source of energy B. it employs more than 50% of the total labour force C. it supplies all the industrial inputs D. there are large plantations of cocoa, groundnut and palm oil Correct Answer: Option B B. it employs more than 50% of the total labour...
by Sunday | May 24 | Economics WAEC
A. marginal product curve of labour B. total product curve of labour C. average product curve of labour D. total cost curve of labour Correct Answer: Option A A. marginal product curve of labour
by Sunday | May 24 | Economics WAEC
A. increased wages B. better condition of services C. competitive determination of wage rate D. improved welfare facilities Correct Answer: Option C C. competitive determination of wage rate
by Sunday | May 24 | Economics WAEC
A. birth rate B. death rate C. Emigration D. unemployment Correct Answer: Option D D. unemployment