Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free

Economics 2019 WAEC Past Questions

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

WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
36

In perfect competition, the average revenue curve of a firm is

  • A. below the marginal revenue curve
  • B. downward sloping
  • C. the marginal revenue curve
  • D. convex to the origin
View Answer & Discuss WAEC 2019
37

Which of the following means of funding a business is very reliable and cheap?

  • A. Bank loans
  • B. Loans from friends
  • C. Plough back profits
  • D. Debentures
View Answer & Discuss WAEC 2019
38

Govermment in most cases influences the location of firms to 

  • A. discourage private investors
  • B. ensure equitable distribution
  • C. reduce the cost of production
  • D. make the firms enjoy economies of scale
View Answer & Discuss WAEC 2019
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
39

Middlemen are made up of

  • A. manufacturers, wholesalers, and consumers
  • B. manufacturers, wholesalers, and retailers
  • C. wholesalers, retailers and hawkers
  • D. wholesalers, retailers, and consumers
View Answer & Discuss (1) WAEC 2019
40

Malthusian theory of population was proved wrong because

  • A. the practice of subsistence farming was encouraged
  • B. developing countries adopted birth control method
  • C. new lands and new methods of production were discovered
  • D. Malthus view was seen as an exaggeration
View Answer & Discuss (1) WAEC 2019
Start a Free Practice Test
 
WAEC offline past questions - with all answers and explanations in one app - Download for free
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts