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946
In which of the following economic system do we have mostly private ownership of resources and individual decision making?
  • A. Capitalist system
  • B. Socialist system
  • C. Mixed system
  • D. Traditional system
View Answer & Discuss WAEC 2010
947
The sum of items divided by the number of items is the
  • A. frequency
  • B. mean
  • C. median
  • D. mode
View Answer & Discuss WAEC 2010
948

Find the median of the following set of scores 8,9,6,5,10

  • A. 9
  • B. 8
  • C. 6
  • D. 5
View Answer & Discuss (3) WAEC 2010
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949
Which of the following causes the demand curve to shift to the right?
  • A. a reduction in size of population
  • B. an increase in the income of the buyer
  • C. the availability of substitutes
  • D. a decrease in price of goods
View Answer & Discuss WAEC 2010
950
Goods for which demands rises as income rises are
  • A. complementary goods
  • B. inferior goods
  • C. normal goods
  • D. substitutes
View Answer & Discuss (1) WAEC 2010
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