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Economics Past Questions and Answers

Waec Economics Questions

Question 961:
The Malthusian theory of population does not concern itself with
  • A Growth of food production in arithmetical progression
  • B Growth of population in geometric progression
  • C Positive check to population growth
  • D Development and growth of manpower
View Answer & Explanation
Question 962:
one characteristics of labour is that it is
  • A Fixed in demand
  • B Fixed in supply
  • C Mobile
  • D Untrainable
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Question 963:
a country where labour is not sufficient to make proper use of natural resources is said to have an
  • A Active population
  • B Optimum population
  • C Over-population
  • D Under-population
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Question 964:
When population is classified according to professions, it is called
  • A Geographical distribution of population
  • B Age distribution of population
  • C Sex distribution of population
  • D Occupational distribution of population
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Question 965:
What must be added to variable cost to give total cost?
  • A Average total cost
  • B Average variable cost
  • C Fixed cost
  • D Marginal cost
View Answer & Explanation