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

Economics 2011 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
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
16

The type of production that involve the tapping and harnessing of natural resources is

  • A. primary production
  • B. secondary production
  • C. tertiary production
  • D. industrial production
View Answer & Discuss (1) WAEC 2011
17

which of the following does not change in the short run?

  • A. Variable cost
  • B. marginal cost
  • C. total cost
  • D. fixed cost
View Answer & Discuss WAEC 2011
18

The resource used in production are called

  • A. variable inputs
  • B. factors of production
  • C. capital for production
  • D. fixed inputs
View Answer & Discuss WAEC 2011
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
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
19

A firm will shut down in the long run if its earning is

  • A. less than normal profit
  • B. greater than normal profit
  • C. equal to super normal profit
  • D. less than super normal profit
View Answer & Discuss WAEC 2011
20

A market structure where profit is maximized when marginal revenue, marginal cost and price are equal is known as

  • A. perfect competition
  • B. monopoly
  • C. oligopoly
  • D. imperfect competition
View Answer & Discuss WAEC 2011
Start a Free Practice Test
 
Your School's Whatsapp Group - Join Us now
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
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now