WAEC Past Questions and Answers - Page 3641

18,201.

External economies refer to the

A.

Cost-saving advantage a firm enjoys when by being close to other firm in the same industry

B.

Disadvantage to a firm that is close to other firms

C.

Economies of large scale production

D.

Economies of low scale production

E.

Artificial scarcity of goods

Correct answer is A

No explanation has been provided for this answer.

18,202.

Algal bloom depletes oxygen content of bodies of water polluted by

A.

industrial effluents

B.

thermal plant discharge

C.

raw sewage disposal

D.

crude oil spillage

Correct answer is C

No explanation has been provided for this answer.

18,203.

Which of the following infections is unlikely to respond to antibiotic treatment?

A.

Typhoid fever

B.

Ring worm

C.

Measles

D.

Tetanus

Correct answer is C

No explanation has been provided for this answer.

18,204.

The density-dependent factors that operate to regulate a population size may include the following except

A.

shortage of food supply

B.

fire outbreak

C.

spread of diseases

D.

increased competition

Correct answer is B

No explanation has been provided for this answer.

18,205.

Total cost is the addition of

A.

Real cost and money cost

B.

Price and taxes

C.

Fixed cost and variable cost

D.

Average cost and marginal cost

E.

Cost of raw materials and wages

Correct answer is C

No explanation has been provided for this answer.