[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
  1. Home
  2. Classroom
  3. Economics
  4. WAEC 2008

Economics 2008 WAEC Past Questions

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

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
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
26
The employer's demand curve for labour is represented by the
  • A. marginal product curve of labour
  • B. total product curve of labour
  • C. average product curve of labour
  • D. total cost curve of labour
View Answer & Discuss WAEC 2008
27
agriculture plays a dominant role in our country because
  • A. it is the main source of energy
  • B. it employs more than 50% of the total labour force
  • C. it supplies all the industrial inputs
  • D. there are large plantations of cocoa, groundnut and palm oil
View Answer & Discuss WAEC 2008
28
the main objective of specialization is to
  • A. allocate resources
  • B. limit worker's skills
  • C. increase the use of labour
  • D. increase productivity
View Answer & Discuss WAEC 2008
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
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
29
industry can be define as
  • A. several firms producing different commodities
  • B. group of firms producing similar commodities
  • C. different firms producing equal number of commodities
  • D. many firms producing for exports
View Answer & Discuss WAEC 2008
30
Which of the following is a disadvantage of large scale production?
  • A. market economies
  • B. managerial economies
  • C. personal organization
  • D. division of labour
View Answer & Discuss WAEC 2008
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 - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now