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Thursday, 12 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1136:
The distribution and exchange of goods and services for the satisfaction of wants in the concern of?
  • A Production
  • B Utility
  • C Commerce
  • D Industry
View Answer & Explanation
Question 1137:
The distribution and exchange of goods and services for the satisfaction of wants in the concern of?
  • A Production
  • B Utility
  • C Commerce
  • D Industry
View Answer & Explanation
Question 1138:
Transforming raw materials into finished products is an example of?
  • A Primary production
  • B Secondary production
  • C Tertiary production
  • D Direct service
View Answer & Explanation
Question 1139:
Transforming raw materials into finished products is an example of?
  • A Primary production
  • B Secondary production
  • C Tertiary production
  • D Direct service
View Answer & Explanation
Question 1140:
Which of the following is concerned with actual production of goods and services?
  • A Commerce
  • B Trade
  • C Industry
  • D Service
View Answer & Explanation