Economics

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Past Questions

Question 1626
waec 1993
a

Addition of fixed cost to variable cost

b

Division of total cost by total output

c

Multiplication of fixed cost by the variable cost

d

Subtraction of fixed cost from total cost

e

Addition of marginal cost to average cost

Question 1627
waec 1993
a

the death rate may become so high that people may not survive

b

people will eventually stop having children

c

people will migrate from one place to another in search of food

d

posititve efforts should be made to increase population

e

population growth rate may out-grow the means of subsistence

Question 1628
waec 1993
a

an ailing economy has improved

b

producers live in villages

c

market is small

d

there is full employment

e

there is inflation

Question 1629
waec 1993
a

is a free gift of nature

b

constitutes one-third of the entire world

c

is unlimited in supply

d

is owned by individuals

e

is owned by government

Question 1630
waec 1993
a

saves time

b

make possible the sue of machine

c

is monotonous

d

leads to specialization

e

aids the development of skills

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