WAEC Past Questions and Answers - Page 1849

9,241.

Which of the following factors most influence the standard of living of individuals in a community?

A.

Food crop production

B.

Availabilty of machinery

C.

Production of raw materials

D.

Foreign excahnge earnings

Correct answer is A

No explanation has been provided for this answer.

9,242.

Which of the following occupations is not associated with agriculture?

A.

Production of polythene

B.

Production of honey

C.

Fertilizer production

D.

Saw-milling

Correct answer is A

No explanation has been provided for this answer.

9,243.

A tractor costing N80,000.00 was sold for N20,000.00 after it has been used for 10 years. what is the salvage value of the tractor?

A.

N20,000.00

B.

N60,000.00

C.

N80,000.00

D.

N100,000.00

Correct answer is A

No explanation has been provided for this answer.

9,244.

Which of the following refers to a farm accounting entry?

A.

Inventory of livestock on the farm

B.

Loss of animal

C.

Value of crop produced

D.

Area of land covered by farm labour

Correct answer is A

No explanation has been provided for this answer.

9,245.

The quantity of rice that a consumer is willing and able to buy during a given period is simply the consumer's

A.

Demand for rice

B.

Elastic limit

C.

Supply of rice

D.

Preference for rice

Correct answer is A

No explanation has been provided for this answer.