by Sunday | Nov 8 | Economics WAEC
A. a fall in price and an increase in quantity bought and sold B. an increase in price and increase in quantity bought and sold C. a fall in price and a fall in quantity bought and sold D. an increase in quantity supplied and demanded only Correct Answer: Option A A....
by Sunday | Nov 8 | Economics WAEC
A. Local government authorities B. Trade unions C. Marketing boards D. Co-operative organizations Correct Answer: Option C C. Marketing boards Explanation A marketing board is an organization created by many producers to try to market their product and increase...
by Sunday | Nov 8 | Economics WAEC
A. experiencing a high rate of emigration B. made up of a large number of old people C. not producing enough goods D. not contributing enough to the national income Correct Answer: Option A A. experiencing a high rate of emigration Explanation Emigration: is the act...
by Sunday | Nov 8 | Economics WAEC
A. banks, schools, and hospitals B. workers, producers, and marketers C. households, firms, and the government D. producers, retailers, and wholesalers Correct Answer: Option C C. households, firms, and the government Explanation The three-sector economy involves...
by Sunday | Nov 8 | Economics WAEC
A. inadequate demand B. use of traditional implements C. land tenure system D. pests and diseases Correct Answer: Option D D. pests and diseases Explanation Livestock diseases, low productivity, water scarcity, and predators are major constraints to livestock farming...