Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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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
2836

Gold, diamond, iron ore and limestone are collectively referred to as

  • A. human resources
  • B. mineral resources
  • C. artificial resources
  • D. forest resources
View Answer & Discuss WAEC 2013
2837

Points outside a production possibility curve indicate

  • A. unattainable production levels
  • B. attainable production levels
  • C. inefficient, but attainable production levels
  • D. optimum production levels
View Answer & Discuss WAEC 2013
2838

The International Bank for Reconstruction and Development (IBRD) is important to developing nations because it

  • A. gives aid for defence
  • B. offers loans for public projects
  • C. offers aid to finance private projects
  • D. gives loans for legal proceedings
View Answer & Discuss (1) WAEC 2013
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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2839

Which of the following can be used to calculate the price elasticity of demand?

  • A. \(\frac{\text{percentage change in quatity demand}}{\text{percentage change in price}}\)
  • B. \(\frac{\text{percentage change in price}}{\text{percentage change inquantity demand}}\)
  • C. \(\frac{\text{percentage change in quality demand}}{\text{percentage change in income}}\)
  • D. \(\frac{\text{percentage change in income}}{\text{percentage change in quantity demand}}\)
View Answer & Discuss (1) WAEC 2013
2840

Human want are unlimited because

  • A. production is inadequate
  • B. resources have alternative uses
  • C. new wants always rise
  • D. resources are limited
View Answer & Discuss (3) WAEC 2014
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