by Sunday | Nov 7 | Economics WAEC
A. satisfying wants B. making rational C. making an optimum allocation of resources D. using scarce resources efficiently Correct Answer: Option A A. satisfying wants
by Sunday | Nov 7 | Economics WAEC
A. limited while means are scarce B. unlimited and means are also unlimited C. limited and means are also limited D. unlimited while means are scarce Correct Answer: Option D D. unlimited while means are scarce
by Sunday | Nov 7 | Economics WAEC
A. Reafforestation in rural communities B. land degradation C. destruction of farmlands D. pollution of water bodies Correct Answer: Option A A. Reafforestation in rural communities Explanation Mining has the potential to have severely adverse effects on the...
by Sunday | Nov 7 | Economics WAEC
A. coal B. iron ore C. rice D. limestone Correct Answer: Option A A. coal Explanation A renewable resource is a natural resource that will replenish to replace the portion depleted by usage and consumption, either through natural reproduction or other recurring...
by Sunday | Nov 7 | Economics WAEC
A. harmonize and stabilize oil prices B. ensure excess supply of oil to consuming countries C. subsidize oil prices in member countries D. assist member countries to exploit oil resources Correct Answer: Option A A. harmonize and stabilize oil prices Explanation...
by Sunday | Nov 7 | Economics WAEC
A. presence of large and developed market B. uneven development among west African countries C. existence of different central banks in the countries D. fairly of labour to move freely in the country Correct Answer: Option B B. uneven development among west African...