1991
Complete the following cost schedules and answer the questions that follow.OutputTotal Cost TCAverage cost ACMarginal Cost1188-214?-3?6-420?-5?6-646?-(a) At what output is AC at the minimum? (b)At what output is MC at t…
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1991 WAEC SSCE Economics Past Questions
1991
Describe the factors that can affect the size of a country's population.
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1991
(a) Define a market. (b) Explain four characteristics of a perfect market.
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1991
Explain the factors that affect the supply of labour in Nigeria.
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1991
(a) Explain the term mobility of labour. (b) Why may labour as a mobile factor of production be unwilling to move?
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1991
With the aid of diagrams, explain what is meant by a change in: (a) the quantity demanded; (b) demand.
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1991
What is the median? State its merits and demerits.
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1991
Discuss five contributions made by agriculture to the industrial development of Nigeria.
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1991
This is a pie chart showing the age distribution of the population. The total population is 120 million. The official school-leaving age is 18 years while the official retirement age is 55 years. (a) From the above info…
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1991
Which of the following are direct taxes?
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1991
A movement along a given demand curve for a good is caused by a change in
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1991
Agriculture plays a dominant role in West African economies because
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1991
Choice is necessary because resources
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1991
The price system refers to the system by which
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1991
Devaluation means
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1991
open market operation are the process by which
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1991
The value of money is determined by the
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1991
if over a period of time there is more money in the economy than the available goods and services , the economy is likely to experience
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1991
The monetary system that requires a double coincidence of wants is known as the
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1991
A government treasury bill is a form of debt instrument which falls due for repayment after
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