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Economics WAEC Past Questions

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756
Distribution of goods and service is hindered by
  • A. good road network
  • B. efficient storage facilities
  • C. too many middlemen
  • D. adequate market information
View Answer & Discuss WAEC 2006
757
A movement along the same demand curve either upwards or downwards as a result of change in price implies
  • A. a chnage in demand
  • B. a change in quantity demanded
  • C. an increase in demand
  • D. a shift in the demand curve to the right
View Answer & Discuss WAEC 2006
758
middlemen in an economy perform the function of
  • A. distribution
  • B. exchange
  • C. Hoarding
  • D. protector
View Answer & Discuss WAEC 2006
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759
one of the factors affecting geographical distribution of population is
  • A. high birth rate
  • B. high death rate
  • C. encouragement of early marriage in the rural area
  • D. climate conditions of the different parts of the country
View Answer & Discuss (2) WAEC 2006
760
Standardization of products or services is a feature of
  • A. large firms
  • B. retailer
  • C. small firms
  • D. wholesaler
View Answer & Discuss WAEC 2006
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