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Economics WAEC Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
921
which of the following is a condition necessary for a perfect market?
  • A. the goods are heterogenous
  • B. there is preferential treatment
  • C. there is a large number of buyers and sellers
  • D. buyers and sellers are easily influenced
View Answer & Discuss WAEC 2009
922
A market in which a single price obtains for a product is known as
  • A. a product market
  • B. a capital price market
  • C. an imperfect market
  • D. a perfect market
View Answer & Discuss WAEC 2009
923
what is the effect of pursuit of higher education on the size of labour force?
  • A. it makes labour force to be defective
  • B. it brings higher wage rate
  • C. it increases the size of labour force
  • D. it reduces the size of labour force
View Answer & Discuss WAEC 2009
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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924
The population density of town Y made up of 50 square kilometre land area and 100 million people is
  • A. 50,000 people per square kilometre
  • B. 0.2 million people per square kilometre
  • C. 0.5 million people per square kilometre
  • D. 2 million people per square kilometre
View Answer & Discuss WAEC 2009
925
manufacturing involves the process of
  • A. making goods available
  • B. providing finished products
  • C. changing items to new states
  • D. producing capital goods only
View Answer & Discuss WAEC 2009
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts