by Sunday | Nov 6 | Economics WAEC
A. date rate is reduced B. marriage is abolished C. more hospitals are built D. more restraint is adopted Correct Answer: Option D D. more restraint is adopted Explanation Positive checks are those, according to Thomas Malthus, that increase the death rate. These...
by Sunday | Nov 6 | Economics WAEC
A. structural unemployment B. frictional unemployment C. seasonal unemployment D. residual unemployment Correct Answer: Option C C. seasonal unemployment Explanation Seasonal unemployment occurs when people are unemployed at certain times of the year because they work...
by Sunday | Nov 6 | Economics WAEC
A. are located very close to consumers B. finance both producers and retailers C. pass information on from retailers to consumers D. sell in small units to consumers Correct Answer: Option B B. finance both producers and retailers Explanation Wholesalers either take...
by Sunday | Nov 6 | Economics WAEC
A. their private properties B. both company and private properties C. only the capital invested D. only their dividends Correct Answer: Option C C. only the capital invested Explanation Joint-stock company is a company whose stock is owned jointly by the shareholders....
by Sunday | Nov 6 | Economics WAEC
A. government appointees are members of the board B. they are run by elected public officers C. electoral principles are adopted in the day-to-day management D. shareholders elect the board of directors Correct Answer: Option D D. shareholders elect the board of...
by Sunday | Nov 6 | Economics WAEC
A. greater than average cost B. less than average variable cost C. equal to the minimum average cost D. equal to the average cost Correct Answer: Option B B. less than average variable cost Explanation A firm will choose to implement a shutdown of production when the...