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Economics
WAEC 1999
Economics 1999 WAEC Past Questions
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36
Price discrimination can only occur when there is
A.
perfect competiton
B.
imperfect competition
C.
a merge
D.
partnership
View Answer & Discuss
WAEC 1999
37
Commodity market can best be described as a market in which
A.
goods are sold
B.
labour is sold and bought
C.
short-term loans are obtained
D.
quoted stocks are bought
View Answer & Discuss
WAEC 1999
38
Provision of services is classified under
A.
primary production
B.
secondary production
C.
tertiary production
D.
production possibilities
View Answer & Discuss
WAEC 1999
39
In ordinary partnership, the risks are
A.
borne by the workers
B.
borne by the creditors
C.
shared among the partners
D.
undertaken by the active partners
View Answer & Discuss
WAEC 1999
40
balance of trade
is define as the relationship between
A.
invisible imports and exports
B.
visible and invisible exports
C.
imports and exports of services
D.
visible exports and visible imports
View Answer & Discuss (2)
WAEC 1999
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