WAEC Economics Past Questions & Answers - Page 193

961.

West African countries experience rapid population growth due to

A.

Existence of birth control clinics

B.

Early marriages

C.

Adequate sex education in schools

D.

Late marriages

Correct answer is B

No explanation has been provided for this answer.

962.

The term underpopulation refers to a situation where the population is

A.

Dispersed over the country

B.

Small in relation to available resources

C.

Greater than the available resources

D.

Concentrated in a few areas

Correct answer is B

No explanation has been provided for this answer.

963.

The market supply curve slopes upwards from left to right indicating that

A.

At a lower price more is supplied

B.

Two commodities can be supplied at the same time

C.

At a lower price, less is supplied

D.

Producers pay high taxes

Correct answer is C

No explanation has been provided for this answer.

964.

Marginal cost can be derived from the

A.

Total product

B.

Total revenue

C.

Total cost

D.

Average fixed cost

Correct answer is C

No explanation has been provided for this answer.

965.

When the total products is at its maximum, marginal products is

A.

Increasing

B.

Positive

C.

Negative

D.

Zero

Correct answer is D

No explanation has been provided for this answer.