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Wednesday, 11 November 2026
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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 416:
WAEC 1993
Which of the following is not a basic want of man?
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  • A Transport
  • B Food
  • C Water
  • D Clothing
  • E Shelter
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Question 417:
WAEC 1993
Which of the following comes last in the chain of distribution? The
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  • A Consumer
  • B Manufacturer
  • C Retailer
  • D Wholesaler
  • E Agent
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Question 418:
WAEC 1993
Which of the following is not an aid to trade?
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  • A Transport
  • B Production
  • C Banking
  • D Insurance
  • E Warehouse
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Question 419:
WAEC 1993
Trade can be described as?
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  • A Purchase of goods and services
  • B Production of goods
  • C Buying and selling
  • D Distribution of goods
  • E Storage of goods
View Answer & Explanation
Question 420:
WAEC 1993
A system in which people provide their own needs directly is known as?
SchoolNGR Classroom
  • A Sub-standard economy
  • B Subsistence economy
  • C Mixed economy
  • D Monetized economy
  • E Specialized economy
View Answer & Explanation

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