by Sunday | Aug 5 | Economics WAEC
A. Summary of expected expenditure by individuals and government B. Summary of expected income C. record of the value of services rendered in a year D. record of goods produced in a year E. summary of expected income and expenditure Correct Answer: Option E –...
by Sunday | Aug 3 | Economics WAEC
A. mining B. handicraft C. agriculture D. manufacturing E. tourism Correct Answer: Option C – agriculture
by Sunday | Aug 3 | Economics WAEC
A. Equate average cost to average revenue B. Equate marginal cost to marginal revenue C. Equate marginal cost to average revenue D. fix price and output E. Equate price to total cost Correct Answer: Option B – Equate marginal cost to marginal...
by Sunday | Aug 3 | Economics WAEC
A. the difference commodities he can consume B. a combination of all commodities he is willing to buy C. a combination of two commodities from which he derives the same satisfaction D. the quantity of commodities demanded by him E. the difference between quantity...
by Sunday | Aug 3 | Economics WAEC
A. Demand deposits B. Paper money C. Bank drafts D. Coins E. Time deposits Correct Answer: Option A – Demand deposits