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[ Post UTME Begins ]:
View The List Of Schools That Have Released 2026 Post-UTME Forms.
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Commerce Past Questions
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Introduction to Commerce
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1176
A system in which people provide their own needs directly is known as?
A.
sub-standard economy
B.
subsistence economy
C.
mixed economy
D.
monetized economy
E.
specialized economy
View Answer & Discuss
WAEC 1993
1177
Which of the following is not a branch of production?
A.
Consumption
B.
Extraction
C.
Manufacturing
D.
Distribution
E.
Direct services
View Answer & Discuss
WAEC 1993
1178
In which class of occupation would doctors, teachers and entertainers be grouped?
A.
Extraction
B.
Industrial
C.
Direct Service
D.
Commercial
E.
Industrial Service
View Answer & Discuss
WAEC 1993
1179
Department stores are usually located?
A.
where low income earners live
B.
In suburban towns
C.
at city centres
D.
in low rental areas
E.
In areas free from traffic jam
View Answer & Discuss
WAEC 1993
1180
Which of the following statements is true of the manufacturing industry?
A.
The factors of production cannot move to other occupations
B.
It is involved in changing raw materials to finished goods
C.
Its product cannot be distributed to consumers
D.
It doesn't not benefit from the services of direct labour
E.
The workers are unskilled
View Answer & Discuss
WAEC 1993
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