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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
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3936

 Explain any three weapons that can be used by a trade union and any two weapons that can be used by an Employers' Association during a trade dispute. 

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3937

Utility schedule

Quantity of goods consumed Total Utility Marginal Utility
0 0 0
1 10 10
2 16 -
3 - 4
4 - -
5 23 1
6 23 -

(a) Complete the above utility schedule
(b) Draw the marginal utility curve
C(i) At what quantity does TU equal MU?
(II) What is the value of MU when TU reaches the maximum?
(iii) What happens to the values of TU as the quantity consumed increases?
(iv) What happens to the values of MU as the quantity consumed increases? 

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3938

The daily sales of a department store for one week are as follows 

Days Mon Tue. Wed. Thu. Fri. Sat.
Sales N 1750 1000 3500 2250 1000 2500

(a) Present the above data in a bar graph. (The use of   graph sheet is essential). 
(b) Calculate the average utility curve.

 

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3939

Explain five sources of finance that are available to a Public Limited Company. 

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3940

State any two ways by which monopolistic competition and perfect competition are similar and any three ways in which they are different.

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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
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