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Wednesday, 11 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 306:
The reward of land as a factor of production is known as?
  • A Interest
  • B Rent
  • C Profit
  • D Wages
  • E Toll
View Answer & Explanation
Question 307:
The reward of land as a factor of production is known as?
  • A Interest
  • B Rent
  • C Profit
  • D Wages
  • E Toll
View Answer & Explanation
Question 308:
The outright purchase of one company by another is called?
  • A Absorption
  • B Merger
  • C Cartel
  • D Acquisition
  • E Privatization
View Answer & Explanation
Question 309:
The form of advertising which aims at wining the market for one particular brand is known as?
  • A Informative advertisement
  • B Generic advertisement
  • C Persuasive advertisement
  • D Competitive advertisement
  • E Direct advertisement
View Answer & Explanation
Question 310:
The marketing concept which begins and ends satisfying the needs and wants of the consumer is called?
  • A Caveat venditor
  • B Consumer orientation
  • C Consumer association
  • D Consumer protection
  • E Caveat emptor
View Answer & Explanation