by Sunday | Aug 6 | Economics WAEC
A. the death rate may become so high that people may not survive B. people will eventually stop having children C. people will migrate from one place to another in search of food D. positive efforts should be made to increase population E. population growth rate may...
by Sunday | Aug 6 | Economics WAEC
A. Addition of fixed cost to variable cost B. Division of total cost by total output C. Multiplication of fixed cost by the variable cost D. Subtraction of fixed cost from total cost E. Addition of marginal cost to average cost Correct Answer: Option A –...
by Sunday | Aug 6 | Economics WAEC
A. goods gets to the wholesaler B. goods reached the final consumer C. factors of production are combined D. goods are ready for transportation E. wholesalers ask the firms to produce Correct Answer: Option B – goods reached the final...
by Sunday | Aug 6 | Economics WAEC
A. Public Limited Companies B. Private Limited Companies C. Holding companies D. Partnerships E. Co-operatives Correct Answer: Option E – Co-operatives
by Sunday | Aug 6 | Economics WAEC
A. saves time B. make possible the use of machine C. is monotonous D. leads to specialization E. aids the development of skills Correct Answer: Option C – is monotonous
by Sunday | Aug 6 | Economics WAEC
A. provision of services B. manufacture of goods C. changing raw materials ti finishing goods D. use of consumer goods E. making goods available where and when they are needed Correct Answer: Option D – use of consumer...
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