Waec Economics Past Questions For Year 2006
Question 31
which of the following tool of economic analysis is used when data contains more than one category?
- A. Bar charts
- B. component bar charts
- C. Graphs
- D. Symbolical sratement
Question 32
Standardization of products or services is a feature of
- A. large firms
- B. retailer
- C. small firms
- D. wholesaler
Question 33
one of the factors affecting geographical distribution of population is
- A. high birth rate
- B. high death rate
- C. encouragement of early marriage in the rural area
- D. climate conditions of the different parts of the country
Question 34
middlemen in an economy perform the function of
- A. distribution
- B. exchange
- C. Hoarding
- D. protector
Question 35
A movement along the same demand curve either upwards or downwards as a result of change in price implies
- A. a chnage in demand
- B. a change in quantity demanded
- C. an increase in demand
- D. a shift in the demand curve to the right
