WAEC Past Questions and Answers - Page 3549

17,741.

In the circuit diagram above. Calculate the energy stored in the inductor at resonance

A.

0.100J

B.

0.050J

C.

0.010J

D.

0.005J

Correct answer is B

No explanation has been provided for this answer.

17,742.

One major function of the entrepreneur is

A.

Bearing of risks

B.

Maximizing profits

C.

Taking charge of day to day management

D.

Determining the selling price of his products

Correct answer is A

No explanation has been provided for this answer.

17,743.

Which of the following factors of production consists of man made goods? 

A.

Land

B.

Labour

C.

Capital

D.

Entrepreneur

Correct answer is C

No explanation has been provided for this answer.

17,744.

The reward for labour is

A.

Wage

B.

Profit

C.

Rent

D.

Dividend

Correct answer is A

No explanation has been provided for this answer.

17,745.

The problem of scarcity is reduced by

A.

Controlling consumption of goods and services

B.

Producing everything needed by the consumers

C.

Ensuring efficient allocation of resources

D.

Restricting consumer choice and taste

Correct answer is C

No explanation has been provided for this answer.