2003 WAEC SSCE Economics Past Questions

2003

The reward for labour is

2003

The market supply curve slopes upwards from left to right indicating that

2003

Marginal cost can be derived from the

2003

when the total products is at its maximum marginal products is

2003

which of the following is an advantage of localization of industry?

2003

A normal demand curve slopes

2003

which of the following is necessary for the survival of small firms in West Africa?

2003

which of the following could be used to measure the efficiency of labour?

2003

West African countries experience rapid population growth due to

2003

The term underpopulation refers to a situation where the population is

2003

one advantage of the sole proprietor is that

2003

Which of the following is a type of business organization?

2003

The most common type of business in West African countries is

2003

Price elasticity supply measures the responsiveness of quantity supplied to

2003

If the quantity demanded of a commodity increases from 20 to 30 units where there is an increase in price from 4naira to 5 naira, the elasticity of demand is

2003

The demand for money is

2003

Efficient distribution of goods in West Africa will be facilitated by

2003

one of the factors responsible for low agricultural production in West Africa is

2003

The shares which do not carry any fixed rate of dividend are known as

2003

The most important function of merchant banks is the

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