Economics

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Past Questions

Question 4226
waec 2020
a

government department

b

price mechanisms

c

trade union

d

state planning committee.

Question 4227
waec 2020
a

simple bar chart

b

complex bar chart

c

component bar chart

d

Pictogram bar chart

Question 4228
waec 2020
a

Fall in the income of consumers

b

Rise in the price of a substitute

c

Rise in the price of a complement

d

Fall in the supply of commodity X

Question 4229
waec 2020
a

The supply curve will shift from S\(_{0}\)S\(_{2}\) to S\(_{2}\)S\(_{0}\)

b

The supply curve will shift from S\(_{0}\)S\(_{0}\) to S\(_{1}\)S\(_{1}\)

c

The demand curve will shift from D\(_{0}\)D\(_{0}\) to D\(_{1}\)D\(_{1}\)

d

The supply curve will shift from S\(_{0}\)S\(_{0}\) to S\(_{0}\)S\(_{0}\)

Question 4230
waec 2020
a

excess demand

b

excess supply

c

equilibrium quantity

d

equilibrium price

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