[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
  1. Home
  2. Classroom
  3. Economics

Economics Past Questions

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

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
2291
the monopolist can determine
  • A. price and output
  • B. price only
  • C. output only
  • D. price or output
View Answer & Discuss (6) WAEC 2008
2292
A market situation with a larger number of firms selling closely related but, differentiated products is
  • A. monopolistic competition
  • B. perfect competition
  • C. monopoly
  • D. monopsony
View Answer & Discuss WAEC 2008
2293
equilibrium under perfect competition requires that
  • A. MC = MR but AR < AC
  • B. MR = MC = AR = AC
  • C. AC = AR < MC
  • D. TR < TC
View Answer & Discuss WAEC 2008
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
2294
The purely competitive firm should close down when its price is less than its
  • A. average variable cost
  • B. total fixed cost
  • C. average total cost
  • D. marginal cost
View Answer & Discuss WAEC 2008
2295

During a sale by auction, the price at which the goods finally sold is determined mostly by

  • A. competition between buyers and sellers
  • B. competition among buyers
  • C. competition among sellers
  • D. government policy
View Answer & Discuss WAEC 2008
Start a Free Practice Test
 
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
Post UTME Past Questions Agent