[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
  1. Home
  2. Classroom
  3. Economics
  4. WAEC 2005

Economics 2005 WAEC Past Questions

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
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
11
A group of firm producing similar commodities for the same market constitute
  • A. a cartel
  • B. an industry
  • C. a co-operative
  • D. wholesaler
View Answer & Discuss WAEC 2005
12
a factor that has slowed down the rate of industrial development in West Africa is
  • A. inadequate technology
  • B. increasing rate of manpower production
  • C. increased demand for local goods
  • D. intervention of the government in business activities
View Answer & Discuss (1) WAEC 2005
13
To achieve an equilibrium position, the consumer must buy so much of each commodity whose price is equal to its
  • A. marginal utility
  • B. total utility
  • C. average utility
  • D. variable utility
View Answer & Discuss WAEC 2005
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
14
Price control refers to
  • A. the way of making more goods available in the market
  • B. a policy of ensuring stable price in the market
  • C. a general reduction in the price level
  • D. effective working of the forces of demand and supply
View Answer & Discuss WAEC 2005
15
The desire for goods without the ability to pay is called
  • A. choice
  • B. effective demand
  • C. joint demand
  • D. wants
View Answer & Discuss WAEC 2005
Start a Free Practice Test
 
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts