by Sunday | Aug 6 | Economics WAEC
A. is registered with the registrar of companies B. is a legal entity C. can raise capital of size by way of loans D. can sell shares in the stock exchange Correct Answer: Option D – can sell shares in the stock exchange
by Sunday | Aug 6 | Economics WAEC
A. participate in the annual general meeting of the company B. share in the dividends declared C. receive a fixed interest on sums invested D. have a representative on the Board of Directors Correct Answer: Option C – receive a fixed interest on sums...
by Sunday | Aug 6 | Economics WAEC
A. goods and services reach the consumers B. prices of goods and services are determined C. goods are sold to the wholesaler D. goods are packaged Correct Answer: Option A – goods and services reach the consumers
by Sunday | Aug 6 | Economics WAEC
i. Breaking the bulk ii. Packing the goods in smaller containers iii. Providing vital information iv. Grant credit facilities A. i and ii B. i and iv C. ii and iii D. i, ii, iii and iv Correct Answer: Option A – i and...
by Sunday | Aug 6 | Economics WAEC
A. an increase in the price of the commodity will raise the total revenue of the producer B. an increase in price leaves the total revenue unchanged C. a decrease in price raises the total revenue of the supplier D. a decrease in price leaves the total revenue...
by Sunday | Aug 6 | Economics WAEC
A. price is always equal to marginal cost B. supply is always equal to demand C. price is always higher than marginal cost D. there are always many buyers and many sellers Correct Answer: Option A – price is always equal to marginal...