WAEC Past Questions and Answers - Page 3832

19,156.

Price control can be defined as the fixing by Government of maximum or minimum price of

A.

Luxury goods

B.

Inferior goods

C.

Imported capital goods

D.

Certain selected goods

E.

Goods consumed by low income earners

Correct answer is D

No explanation has been provided for this answer.

19,157.

Differences in characteristics observed between individuals of the same species is known as

A.

trait

B.

phenotype

C.

mutation

D.

variation

Correct answer is D

No explanation has been provided for this answer.

19,158.

All the following factors will cause a change in demand except

A.

The consumer's income

B.

The consumer's taste

C.

A change in population size

D.

A change in weather condition

E.

The price of commodity

Correct answer is E

The price of the commodity does not lead to a change in demand, but rather, it will cause a change in the quantity demanded.

Note that a change in demand and a change in quantity demanded are two different terminologies.

A change in demand means that the entire demand curve shifts either left or right. While a change in quantity demanded refers to a movement along the demand curve, which is caused only by a change in price.

19,159.

Acquired characters are

A.

received from parents

B.

passed to offspring

C.

caused by the environment

D.

caused by mutation

Correct answer is C

No explanation has been provided for this answer.

19,160.

Which of the following statements is not true about continuous variation? It

A.

is usually controlled by several genes

B.

can be influenced by environmental factors

C.

follows a normal distribution curve

D.

is usually controlled by one or two pair(s) of genes

Correct answer is D

No explanation has been provided for this answer.