1993 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.

WAEC official website WAEC Nigeria

1993

Cost schedule of a firm OutputTotal Fixed cost TFC(N)Total Variable Cost TVC (N)Total Cost TC (N)Average Variable AVC(N)Average Total ATC (N)Marginal Cost MC(N)010001000100-110040140---210064164---310080180---410088188--…

1993

Describe the problems facing agriculture in Nigeria.

1993

How does the Central Bank exercise control over commercial banks?

1993

Highlight the economic effects of high population density in Nigeria.

1993

Outline the merits of a Joint Stock Company.

1993

Explain each of the following types of taxes: (a) Proportional tax; (b) progressive tax; (c) regressive tax.

1993

What functions do wholesalers perform for manufacturers?

1993

What are the likely reasons for government participation in the location of industries in Nigeria?

1993

What are the factors that determine the price elasticity of demand for a commodity?

1993

(a) Explain each of the following measures of central tendency(i) mean; (ii) median; (iii) mode (b) Calculate the mean, median and mode of the following set of numbers: 21, 22, 23,24, 25, 26, 23, 28, 29, 30, 24, 31, 34,…

1993

Economics is the study of how to

1993

An inferior goods is one

1993

Supply in Economics means making

1993

Public corporation in West Africa are set up to

1993

The real cost of a commodity is

1993

Scarcity in economics arises because

1993

which of the following does not apply to private companies?

1993

which of the following reasons is mainly responsible for the inefficient distribution of goods in West African countries?

1993

An entrepreneur will locate his industry in a place

1993

The rural area of West Africa lack industries because

1 2 3