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Waec Economics Past Questions and Answers

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Waec Economics Past Questions

Question 181:


What is the median? State its merits and demerits.



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Question 182:


With the aid of diagrams, explain what is meant by a change in:
(a) the quantity demanded;
(b) demand.



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Question 183:


(a) Explain the term mobility of labour.
(b) Why may labour as a mobile factor of production be unwilling to move?


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Question 184:


Explain the factors that affect the supply of labour in Nigeria.


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Question 185:


(a) Define a market.
(b) Explain four characteristics of a perfect market.


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Waec Subjects

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• Agricultural Science


• Arabic


• Biology


• Book Keeping


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• Commerce


• Christian Religious Knowledge (CRK)


• Civic Education


• Catering Craft Practice


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• Further Mathematics


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• History


• Hausa


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