Search SchoolNGR

Economics Past Questions and Answers

[share]

Waec Economics Questions

Question 71:

one of the argument against he presence of middlemen in the distribution chain is that they

SchoolNGR Classroom

A Cause increase in the price of commodities
B Are commissioned agents
C Helps in keeping price stable
D Grade and blend goods
E Can be found almost everywhere

View Answer & Explanation

Question 72:

Which of the following is the normal channel by which the commodities reach the final consumer?

SchoolNGR Classroom

A Mnaufacturer-wholesale-agent retailer-consumer
B Mnufacturer-wholesale-retailer-consumer
C Manufacturer-wholesale-sales representative-retailer-consumer
D Mnufacturer-wholesale-retailer-agent-consumer
E Mnaufacturer-wholesale-retailer-sales-representative-consumer

View Answer & Explanation

Question 73:

the movement of a worker from one grade to another within the same industry is a form of mobility of labour which is

SchoolNGR Classroom

A Geographical
B Vertical
C Occupational
D Horizontal
E Lateral

View Answer & Explanation

Question 74:

a person who buys in bulk and sells in bit is a

SchoolNGR Classroom

A Manufacturer
B Sales representative
C Retailer
D Advertiser
E Distributor

View Answer & Explanation

Question 75:

which of the following is not correct?

SchoolNGR Classroom

A Population refers to number of people living in a place
B The population of a place is not static
C Population is known through a census
D Population is affected by the amount of money in circulation
E Population can be affected by natural disaster

View Answer & Explanation

Stay Updated

Follow us on:

Subjects