by Sunday | Aug 6 | Economics WAEC
A. joint supply B. derived demand C. competitive demand D. competitive supply E. composite demand Correct Answer: Option C – competitive demand
by Sunday | Aug 6 | Economics WAEC
A. annual increase in population B. total population of a country at a given time C. addition to the total population over a given period D. increase in the working population over a given period E. percentage increase in population in a given year Correct Answer:...
by Sunday | Aug 6 | Economics WAEC
A. agriculture and allied industries B. mining and manufacturing C. the distributive trade D. commerce and industries E. mining and services Correct Answer: Option A – agriculture and allied industries
by Sunday | Aug 6 | Economics WAEC
A. availability of transport B. good climate C. availability of power supply D. adequate labour supply E. presence of a luxuriant forest Correct Answer: Option E – presence of a luxuriant forest
by Sunday | Aug 6 | Economics WAEC
A. is a free gift of nature B. constitutes one-third of the entire world C. is unlimited in supply D. is owned by individuals E. is owned by government Correct Answer: Option A – is a free gift of nature
by Sunday | Aug 6 | Economics WAEC
A. an ailing economy has improved B. producers live in villages C. market is small D. there is full employment E. there is inflation Correct Answer: Option C – market is small
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