2009
If a fall in price of one commodity leads to an increase supply of another commodity, both commodities have
See more
2009 WAEC SSCE Economics Past Questions
Ulearngo is an independent study app. It is not affiliated with, endorsed by, or representing West African Examinations Council (WAEC). Always confirm official exam, admission, registration, syllabus, timetable, and result information from WAEC official website, WAEC Nigeria.
2009
When the price of a commodity increases and the quantity demanded also increases, this is a case of
See more
2009
The type of demand that exist between torchlight and battery is
See more
2009
The demand and supply function of a commodity are given as below. Qd = 20 - 2pQs = 6p - 12Where p = price in naira, Qd = Quantity demanded and Qs = Quantity supplied. The equilibrium price is
See more
2009
The main objective of setting up a private business organization is to
See more
2009
Government fixing of prices below the equilibrium point is aimed at protecting the
See more
2009
The interaction of supply and demands for labour determines
See more
2009
If an increase in earning leads to more of of a commodity being demanded, the good is said to have
See more
2009
In the short-run commodity X and commodity Y are supplied jointly, which of the following is correct?
See more
2009
At a co-efficient of price elasticity of supply of 0.5, supply is
See more
2009
A society that operates below the production possibility curve is using its productive resources
See more
2009
which of the following sector is most capital intensive?
See more
2009
who among the following is the intermediary between the producer and the retailer?
See more
2009
The relationship between Marginal Product (MP) and Average Product (AP) is such that they are equal when
See more
2009
A consumer maximizes his utility in consuming a good 'X' when
See more
2009
which of the following is a condition necessary for a perfect market?
See more
2009
One advantage of a sole proprietor is that
See more
2009
which of these is true of a perfect competitor?
See more
2009
What accounts for the ‘U-shaped’ of the short run average cost (AC) curve?
See more
2009
labour can be efficient when there are
See more