Waec Economics Past Questions and Answers

Question 1146:

• WAEC 2010

The sum of items divided by the number of items is the

A. Frequency
B. Mean
C. Median
D. Mode

Question 1147:

• WAEC 2010

Find the median of the following set of scores 8,9,6,5,10

A. 9
B. 8
C. 6
D. 5

Question 1148:

• WAEC 2010

Which of the following causes the demand curve to shift to the right?

A. A reduction in size of population
B. An increase in the income of the buyer
C. The availability of substitutes
D. A decrease in price of goods

Question 1149:

• WAEC 2010

Goods for which demands rises as income rises are

A. Complementary goods
B. Inferior goods
C. Normal goods
D. Substitutes

Question 1150:

• WAEC 2010

The slope of a supply curve is

A. Horizontal
B. Uniform
C. Positive
D. Vertical