WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent

Economics Past Questions

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

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
4896

The relationship between the marginal revenue (MR) and the average revenue (AR) of a monopolist is that the marginal revenue
curve

 

  • A. is vertical while the average revenue curve is horizontal
  • B. slopes down to the right and is below the AR curve
  • C. and the AR curve are downward sloping and are identical
  • D. is above the average revenue curve
View Answer & Discuss WAEC 2025
4897

A major source of finance to the Railway Corporation in West African countries is

 

  • A. surplus
  • B. sale of shares
  • C. trade credit
  • D. government subvention
View Answer & Discuss WAEC 2025
4898

Separation of ownership of resources and their control is mostly found in a

 

  • A. joint stock company
  • B. partnership
  • C. sole proprietorship
  • D. consumer co-operative
View Answer & Discuss WAEC 2025
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 - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
4899

By-passing the middlemen in the chain of distribution can lead to

 

 

  • A. a problem of unemployment of labour
  • B. high prices of goods and services
  • C. an increase in government tax revenue
  • D. the creation of artificial scarcity
View Answer & Discuss WAEC 2025
4900

Two factors which can improve the efficiency of labour are

 

  • A. school leaving age and number of disabled workers
  • B. population size and age of retirement
  • C. work environment and health status of workers
  • D. school leaving age and number of part-time workers
View Answer & Discuss WAEC 2025
Start a Free Practice Test
 
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now