by Sunday | Aug 6 | Economics WAEC
A. over-populated B. under-populated C. experiencing decrease population D. experiencing increasing population E. having optimum population Correct Answer: Option B – under-populated
by Sunday | Aug 6 | Economics WAEC
A. the number of shareholders is limited B. the liability of shareholders is limited C. accounts have to be publicized D. the companies are separate legal entities E. shares are not easily transferable Correct Answer: Option E – shares are not easily...
by Sunday | Aug 6 | Economics WAEC
A. large number of distribution companies B. import and export restrictions by the government C. narrow markets for commodities produced D. poor transportation and communication system E. large influence of foreign traders Correct Answer: Option D – poor...
by Sunday | Aug 6 | Economics WAEC
A. nearest to his home town B. where the cost of production will be minimized C. nearest to his wife’s hometown D. where the government directed him to locate E. where there is no other industry Correct Answer: Option B – where the cost of production will...
by Sunday | Aug 6 | Economics WAEC
A. rural people are not meant to work in industries B. rural people are uneducated C. of inadequate infrastructure D. of low population density E. they are not suitable for industries Correct Answer: Option C – of inadequate...
by Sunday | Aug 6 | Economics WAEC
A. responsiveness of demand to changes in the price B. responsiveness of price to changes in demand C. increase in demand resulting from a rise in price D. unit decrease in price resulting from a fall in demand E. unit increase in quantity demanded when price rises...
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