Waec Commerce 1999 Past Questions and Answers

Question 1:

• WAEC 1999

A shoe repairer is engaged in a

A. Service occupation
B. Manufacturing
C. Extractive occupation
D. Commercial occupation

Question 2:

• WAEC 1999

A shoe repairer is engaged in a

A. Service occupation
B. Manufacturing
C. Extractive occupation
D. Commercial occupation

Question 3:

• WAEC 1999

The goods that are used for the production of other goods are known as

A. Commercial goods
B. Consumer goods
C. Capital goods
D. Non-durable

Question 4:

• WAEC 1999

Which of the following brings about specialization?

A. Recruitment of staff
B. Division of labour
C. Business resource
D. Employer of labour

Question 5:

• WAEC 1999

Which of the following refers to all the resources used in creating utilities?

A. Fixed capital
B. Factors of production
C. Enterpreneurship
D. Labour