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
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 –...