by Sunday | Nov 8 | Economics WAEC
A. unattainable production levels B. attainable production levels C. inefficient, but attainable production levels D. optimum production levels Correct Answer: Option A A. unattainable production levels
by Sunday | Nov 8 | Economics WAEC
A. human resources B. mineral resources C. artificial resources D. forest resources Correct Answer: Option B B. mineral resources
by Sunday | Nov 8 | Economics WAEC
A. Profits of companies B. Rents on property C. Student’s grants and scholarships D. Wages and salaries of public servants Correct Answer: Option C C. Student’s grants and scholarships
by Sunday | Nov 8 | Economics WAEC
A. unit cost of production falls B. decision -making is quick C. worker-management relationship is improved D. the quality of the product increases Correct Answer: Option A A. unit cost of production falls
by Sunday | Nov 8 | Economics WAEC
Given that Qd = 80 – 2p where Qd is quantity demanded and P is the price. A. 86 units B. 80 units C. 76 units D. 74 units Correct Answer: Option D D. 74 units