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

Economics 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 - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
4401

The sufficient condition for a firm to be in equilibrium is that the

  • A. firm must show that it is profitable
  • B. marginal cost must be equal to average revenue
  • C. marginal revenue curve is above the average revenue curve
  • D. marginal cost curve cuts the marginal revenue curve from below
View Answer & Discuss JAMB 2022
4402

Cooperative societies are formed mainly to

  • A. assist producers to maximize their profits
  • B. encourage thrift and credit among members
  • C. promote and maintain the welfare of members
  • D. break the monopolies of private companies
View Answer & Discuss JAMB 2022
4403

A disadvantage of a jont-stock company is

  • A. unlimited liability
  • B. limited liability
  • C. lack of continuity when a shareholder dies
  • D. limited control in management by shareholders
View Answer & Discuss JAMB 2022
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
4404

The middlemen is responsible for

  • A. providing research facilities
  • B. purchasing raw materials
  • C. designing the product
  • D. breaking the bulk
View Answer & Discuss JAMB 2022
4405

A major function of the retailer is to

  • A. grant credit to the wholesaler
  • B. break bulk and sell products in small units
  • C. reduce cost of distribution
  • D. generate demand for products through advertisement
View Answer & Discuss JAMB 2022
Start a Free Practice Test
 
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208