[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
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
  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

Post UTME Past Questions Agent
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
271
Credit creation by banks is limited by
  • A. an increase in bank deposits
  • B. the establishment of specialized banks
  • C. the non-availability of clllateral security
  • D. the use of cheques for all transactions of the banks
  • E. abolishing the reverse ratio
View Answer & Discuss WAEC 1995
272
Which of the following explains marginal cost?
  • A. Overhead cost plus variable cost resulting from production
  • B. the average cost of producing more units of the products
  • C. The extra cost of producing more units of products
  • D. Overhead cost minus variable cost
  • E. The additional to total cost resulting from the production of an additional unit
View Answer & Discuss WAEC 1995
273
The effect of an increase in price on the demand for a commodity with elastic demand will be
  • A. an increase in the demand for the commodity
  • B. a decrease in the demand for the commodity
  • C. a further increase in the price of the commodity
  • D. reduction in the number of the distributors of the commodity
  • E. a general increase in the cost of the production
View Answer & Discuss WAEC 1995
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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
274
In perfect competition , the marginal cost curve intersects the average cost curve
  • A. from below at its lowest point
  • B. from above at its lowest point
  • C. from below before the lowest point
  • D. at the zero point
  • E. from below after the lower point
View Answer & Discuss WAEC 1995
275
Which of the following does not require the use of information from census?
  • A. allocating central government revenue among states or regions
  • B. planning for development in the states of regions
  • C. Demarcating constituencies for election in the states or regions
  • D. providing adequate social amenities and services in the states or regions
  • E. Controlling geographical mobility of labour among the states or regions
View Answer & Discuss WAEC 1995
Start a Free Practice Test
 
Your School's Whatsapp Group - Join Us now
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now