2002 WAEC SSCE Economics Past Questions

2002

Localization of industry refers to the

2002

Despite the benefits large firms enjoy, it could be limited by the

2002

Which of the following is an advantage of division of labour?

2002

A limited liability company is owned by the

2002

small firms are important for the development of a country because

2002

The main objective of setting up private businesses is to

2002

The location of timber and plywood industries in West Africa is mainly influenced by the availability of

2002

The cost which firm will incur whether it is in production or not, is referred to as

2002

Which of the following statements about population is correct?

2002

A commodity is said to have derived demand when it

2002

An increase in the demand for butter reduces the demand for margarine, this type of demand is called

2002

When elasticity is zero the demand curve is

2002

The National Electrical Power Authority (NEPA) in Nigeria is a

2002

Which of the following is a problem of trade by barter?

2002

Census figure of most countries in West Africa is inaccurate because of

2002

Which of the following is not likely to be an effect of a growing population?

2002

One of the criticisms of population increase is that it result in

2002

Malthus population theory stated that

2002

Who among the following will benefit from inflation?

2002

Which of the following is a function of the Central Bank of Nigeria?

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