[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
  1. Home
  2. Classroom
  3. Economics
  4. WAEC

Economics 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 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
Post UTME Past Questions Agent
1121

Which of the following statements is not a feature of a monopoly?

  • A. Seller is allowed to fix his own price
  • B. Buyers and sellers are price takers
  • C. New entrances are restricted
  • D. There is only one seller of the commodity
View Answer & Discuss WAEC 2013
1122

The following are advantages of sole proprietorship except

  • A. quick and easy decision-making
  • B. keeping its business affairs private
  • C. assurance of raising huge capital for expansion
  • D. high level of commitment
View Answer & Discuss WAEC 2013
1123

Which of the following controls a limited liability company?

  • A. the general manager
  • B. the managing director
  • C. tax payers
  • D. the board of directors
View Answer & Discuss WAEC 2013
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
Post UTME Past Questions Agent
1124
Given that Qd = 80 - 2p where Qd is quantity demanded and P is the price, what quantity would be demanded when the price (P) is $3?
  • A. 86 units
  • B. 80 units
  • C. 76 units
  • D. 74 units
View Answer & Discuss WAEC 2013
1125

The main advantage of large scale production is that

  • A. unit cost of production falls
  • B. decision -making is quick
  • C. worker-managemnet relationship is improved
  • D. the quality of the product increases
View Answer & Discuss (2) WAEC 2013
Start a Free Practice Test
 
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us 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