2007
(a) What is economic integration? (b) Highlight any three problems of economic integration in West Africa.
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2007 WAEC SSCE Economics Past Questions
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2007
(a) What is economic integration? (b) Highlight any three problems of economic integration in west Africa.
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2007
Explain: (a) (i) supply of money (ii) Value of money (b) highlight the three motives for holding money.
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2007
(a) Outline any three disadvantages of monopoly (b) In what two ways can monopoly be controlled?
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2007
Explain each of the following: (a) Nationalization, (b) Commercialization, (c) Privatization and (d) Joint ventures.
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2007
(a) Distinguish between labour and labour force. (b) State four reasons for the differences in earnings among workers.
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2007
(a) State the law of diminishing return (b) What is (i) marginal product (ii) average product? (c) Explain any three factors that determine the size of firms.
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2007
(a) Define elasticity of supply (b) When is supply described as (i) elastic (ii) inelastic (c) Outline any two factors that influence elasticity of supply.
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2007
(a) What is an Economic system? (b) Explain any three characteristics of a mixed economic system. (c) State any two disadvantages of a mixed economic system.
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2007
(a) Give two major views of Rev. Thomas Malthus in population theory. (b) How relevant are his views to the economic realities of West African countries?
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2007
Study the diagram below carefully and use the given information to answer the questions that follow: (a) Determine: (i) the profit maximizing output; (ii) the firm's profit if it produces 600 units of output; (iii) the t…
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2007
The table above shows Mr. Y's schedule of total utility for oranges and mangoes. The prices of oranges and mangoes are at $1.00 each. Mr. Y has $10 00 to spend on the goods. Use the information contained in thetable to…
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2007
The satisfaction derived from the use of a commodity is its
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2007
The three principal economic unit in any system are
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2007
When population is classified according to professions, it is called
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2007
a country where labour is not sufficient to make proper use of natural resources is said to have an
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2007
one characteristics of labour is that it is
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2007
The Malthusian theory of population does not concern itself with
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2007
The reward which accrues to labour for participating in production is
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2007
The demand for beans in bags is given by the function Q - 36 + 0.4P = 0. Where P is price in naira and Q is quantity, find Q when P = 20 naira.
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