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Economics 1996 WAEC Past Questions

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41

The daily sales of a department store for one week are as follows 

Days Mon Tue. Wed. Thu. Fri. Sat.
Sales N 1750 1000 3500 2250 1000 2500

(a) Present the above data in a bar graph. (The use of   graph sheet is essential). 
(b) Calculate the average utility curve.

 

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42

Explain five sources of finance that are available to a Public Limited Company. 

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43

State any two ways by which monopolistic competition and perfect competition are similar and any three ways in which they are different.

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44

(a) Explain the methods of measuring the national income of a country
(b) State any three problems associated with measuring national income.
 

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45

(a) What is meant by devaluation?
(b) Explain the measures by which a country can correct its balance of payments deficit. 

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