Past Questions And Answers
For one to be eligible to vote in Nigeria, one must be
- (a) 18years
- (b) 19years or above
- (c) Minimum of 18years
- (d) Between 18years and 45years
2-methylprop-1-ene is an isomer of
- A) 3-methyl but-1-ene
- B) 2-methyl but-1-ene
- C) but-2-ene
- D) pent-2-ene
Which of these system was most popular in the pre-colonial era?
- A. The barter system
- B. The coin system
- C. The paper notes
- D. The digital system
Which of the following regulates and controls the activities of the Nigerian Stock Exchange?
- A. The Nigerian Capital Market Association
- B. The Securities and Exchange Commmission
- C. The Nigerian Deposit Insurance Commission
- D. The Nigerian Reinsurance Corporation
Give five reasons for the continued existence of the Organization of Petroleum Exporting Countries (OPEC). [20 marks]
View Discussion (0)WAEC 2009 THEORYIn each of the following sentences, there is one word underlined and one gap. From the list of words lettered A - D, choose the word that is most nearly opposite in meaning to the underlined word and that will, at the same time, correctly fill the gap in the sentences.
The government was blamed for implementing polices that favoured theelite at the expense of the................
- A. workers
- B. wealthy
- C. masses
- D. oppressed
Use the information below to answer question .
Prime cost..................N12 100
lighting....................N10 000
Heating.....................N15 000
Factory overhead............?
The production department share of factory overhead is 1/4 and 1/2 of lighting and heating respectively.
Interest on the drawings of partners is treated in the?
- A. profit and loss appropriation account
- B. goodwill account
- C. profit and loss account
- D. trading account
The wholesale provides all the following services to the manufacturer except
- A. warehousing
- B. financing production
- C. marketing the product
- D. after-sales services
Cost schedule of a firm
| Output | Total Fixed cost TFC(N) | Total Variable Cost TVC (N) | Total Cost TC (N) | Average Variable AVC(N) | Average Total ATC (N) | Marginal Cost MC(N) |
| 0 | 100 | 0 | 100 | 0 | 100 | - |
| 1 | 100 | 40 | 140 | - | - | - |
| 2 | 100 | 64 | 164 | - | - | - |
| 3 | 100 | 80 | 180 | - | - | - |
| 4 | 100 | 88 | 188 | - | - | - |
| 5 | 100 | 96 | 196 | - | - | - |
From the cost schedule in this table calculate the Average Variable Cost (AVC), Average Total Cost (ATC) and Marginal Cost (MC) of the firm. Show your working clearly.
View Discussion (0)WAEC 1993 THEORYGovernment can be described as the art of
- A. making constitutions
- B. collecting taxes
- C. engineering social conflicts
- D. making and enforcing laws