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Waec Economics 1997 Past Questions and Answers

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Waec 1997 Economics Past Questions

Question 46:


Describe any five problems of distribution in Nigeria.




Question 47:


(a) Define population census.
(b) State the implications of
(i) optimum population.
(ii) over- population.




Question 48:


With the aid of a diagram, explain the super-normal profit of a monopolist.




Question 49:


What is money? Why do people prefer to hold money?




Question 50:


Explain any five reasons why a joint stock company is preferable to a one-man business.







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