Economics 2001 WAEC Past Questions

Exam Type:

Exam year:

Question Type:

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

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Your School's Whatsapp Group - Join Us now

If the quantity demanded of a particular commodity is represented by the function Qd = 30 - 2p, what is the quantity demanded at a price of twelve Naira?

A. 6 units
B. 8 units
C. 10 units
D. 12 units

View Answer & Discuss WAEC 2001

The responsiveness of demand to a change in income is the measurement of

A. foreign exchange rate
B. cross elasticity of demand
C. income elasticity of demand
D. price index elasticity

View Answer & Discuss WAEC 2001

The upward slope of the supply curve indicates that

A. more will be supplied as price rises
B. less will be supplied as price rises
C. supply is not a function of price
D. supply is static and demand is dynamic

View Answer & Discuss WAEC 2001

WAEC and NECO CBT Software for Computers and Laptops - 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

monocultural agriculture means

A. the cultivation of seasonal crops
B. the cultivation of one major crop
C. plantation agriculture
D. shifting cultivation

View Answer & Discuss WAEC 2001

Industries are not sited in most rural areas of Nigeria because ?

A. of inadequate basic infrastructure
B. they lack raw materials
C. there is no appropriate government policy
D. the climate is not conducive

View Answer & Discuss WAEC 2001

Start a Free Practice Test

Economics 2001 WAEC Past Questions

Subjects

Sign In