Past Questions And Answers
In the southern hemisphere, the autumnal equinox occurs on
- A. 21st March
- B. 21st June
- C. 23rd September
- D. 22nd December
Complete the following cost schedules and answer the questions that follow.
| Output | Total Cost TC | Average cost AC | Marginal Cost |
| 1 | 18 | 8 | - |
| 2 | 14 | ? | - |
| 3 | ? | 6 | - |
| 4 | 20 | ? | - |
| 5 | ? | 6 | - |
| 6 | 46 | ? | - |
(a) At what output is AC at the minimum?
(b)At what output is MC at the minimum
(c) At what output does AC start increasing?
(d) At what output does MC start to be greater than AC
(e) What is the maximum output?
View Discussion (0)WAEC 1991 THEORYproducers operating in a free market economy are more efficient as a resulf of?
- A. the existence of competition
- B. the very few number of participants
- C. the commitment of the shareholders
- D. government regulation of their activities
The implement used for pulverizing the soil is the
- A. planter
- B. ridger
- C. harrow
- D. plough
In which of the following Nigeria states can mountain vegetation be found?
- A. Taraba
- B. Enugu
- C. Bauchi
- D. Plateau
Which of the following halogens is the most reactive?
- A. F2
- B. Br2
- C. l2
- D. Cl2
The expression of unpleasant experiences in a mild way is
- A. hyperbole
- B. metaphor
- C. euphemism
- D. paradox
In which political system does the government control every aspect of a citizen's life?
- A. communism
- B. Dictatorship
- C. Totalitarianism
- D. Aristocracy
A short poem lamenting the death of someone is
- A. an ode
- B. a threnody
- C. a sonnet
- D. an epic
equity interest in a company is represented by?
- A. preference shares
- B. dividend
- C. debenture
- D. ordinary shares

