2006 WAEC SSCE Economics Past Questions

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2006

A movement along the same demand curve either upwards or downwards as a result of change in price implies

2006

Distribution of goods and service is hindered by

2006

If the fixed cost of a firm is 800.00 Naira and it's variable cost is 2,700 Naira while it's total output is 100 units, what is the average cost of the firm?

2006

In the normal market situation , when the price of a commodity rises the

2006

In the analysis of utility theory, the basis of demand is

2006

what are inferior goods? These are goods

2006

The amount of satisfaction obtained from the consumption of a commodity at a particular time is called

2006

Standardization of products or services is a feature of

2006

The main difference between a private and a public enterprises is the

2006

A debenture holder is entitled to payment in the form of

2006

The mechanism which allows the price of a commodity to be fixed either above or below the equilibrium is known as

2006

the market price of a commodity is normally determined by the

2006

when the quantity of a commodity supplied increases and the quantity demanded decreases , there will be

2006

advertising expenses would not be necessary under perfect competition because

2006

For a monopolist, the average revenue (AR) curve is

2006

which of the following is not a reason for establishing public enterprises?

2006

buying and selling of shares is a function performed mostly by the

2006

The total amount of money raised by a company through issuance of shares to the public is

2006

2006 WAEC SSCE Economics Past Questions

A movement along the same demand curve either upwards or downwards as a result of change in price implies

Distribution of goods and service is hindered by

If the fixed cost of a firm is 800.00 Naira and it's variable cost is 2,700 Naira while it's total output is 100 units, what is the average cost of the firm?

In the normal market situation , when the price of a commodity rises the

In the analysis of utility theory, the basis of demand is

what are inferior goods? These are goods

The amount of satisfaction obtained from the consumption of a commodity at a particular time is called

Standardization of products or services is a feature of

The main difference between a private and a public enterprises is the

A debenture holder is entitled to payment in the form of

The mechanism which allows the price of a commodity to be fixed either above or below the equilibrium is known as

the market price of a commodity is normally determined by the

when the quantity of a commodity supplied increases and the quantity demanded decreases , there will be

advertising expenses would not be necessary under perfect competition because

For a monopolist, the average revenue (AR) curve is

which of the following is not a reason for establishing public enterprises?

buying and selling of shares is a function performed mostly by the

The total amount of money raised by a company through issuance of shares to the public is

One way to solve the economic problem of inflation in a country is by increasing the

The tendency for prices to rise while the value of money fall is known as