1988
When the demand for a commodity is inelastic, total revenue will fall if
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1988 WAEC SSCE Economics Past Questions
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1988
When the price of commodity A increases, the demand for commodity B decreases, then A and B are
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1988
Price control can be defined as the fixing by Government of maximum or minimum price of
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1988
Which of these factors does not cause a change in demand?
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1988
Which of the following is not a feature of Sole Proprietorship?
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1988
An economic system in which most capital goods are owned by individuals and private firms is known as
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1988
Nigerian indigenization decree was promulgated in order to
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1988
If a producer sells 1kg of rice for N20 and his marginal products is 100kg, what is the highest wage he can pay the marginal labourer?
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1988
The two largest producers of crude oil in Nigeria are
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1988
Which of these does not relate to the law of comparative advantage?
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1988
Which of the following statements is true about terms of trade?
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1988
Which of the following are the most liquid assets to a commercial bank?
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1988
Which of these best explains Malthusians theory of population?
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1988
The International Bank of Reconstruction and Development (IBRD) is important to the developing nations because it
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1988
Which of the following roles is being played by the Organization of Petroleum Exporting Countries (OPEC) with regards to Nigeria’s crude oil?
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1988
Which of the following is not an item of capital expenditure?
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1988
The drawer of a cheque is the
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1988
International trade and domestic trade are similar in all aspects except that
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1988
A condition which adversely affects expansion of production is
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1988
The imposition of high income tax by government to cut down demand is known as
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