Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
WAEC offline past questions - with all answers and explanations in one app - Download for free

Commerce Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
4141

The service of a retailer is part of production because it

  • A. creates a link between consumers and producers
  • B. enables finished goods to reach consumers
  • C. increases consumers' standard of living
  • D. is a commercial occupation
View Answer & Discuss WAEC 2022
4142

The resources put together to create goods and services are

  • A. working capital
  • B. producer goods
  • C. factors of production
  • D. consumer goods
View Answer & Discuss WAEC 2022
4143

Which of the following organizations provide essential goods and services at low cost to citizens?

  • A. Thrift societies
  • B. public enterprises
  • C. private companies
  • D. cooperative societies
View Answer & Discuss WAEC 2022
WAEC offline past questions - with all answers and explanations in one app - Download for free
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
4144

A group of sellers who pool their resources to buy goods in large quantities and sell to its members is a

  • A. wholesale cooperative society
  • B. thrift and credit society
  • C. consumer cooperative society
  • D. chamber of commerce
View Answer & Discuss WAEC 2022
4145

Average stock is derived by adding

  • A. closing stock to purchases divided by 2
  • B. closing stock to opening stock
  • C. opening stock to closing stock divided by 2
  • D. opening stock to purchases
View Answer & Discuss WAEC 2022
Start a Free Practice Test
 
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free