2020/2021 WAEC/NECO Answers: 2021 Waec Gce economics answers
Obj loading💯💯💯💯
CIVIC EDUCATION
This is actually the 2018 Waec Gce economics answers Answers as questions sent to our subscribers on WHATSAPP, if you are looking for 2020 WAEC/NECO Answers midnight before the exam, try contacting us.
1-10: DDBACDAABA
11-20: ABBCCCBACD
21-30: CBAABBBBDB
31-40: CCCCCBCACC
41-50: DBCABAAACA
(1ai)
Fixed cost $
Processing machine 2000
Manager's salary 1500
Factory rent. 1200
Electricity Bill 800
Total 5,500
(1aii)
Variable cost of the firm:
$
Wages to causallabour 2500
Fuel 600
Raw materials 1400
Total 4500
(1aiii)
Average cost (AC) = Total cost/Unit produced
TC = TFC+TVC
= $5500 + $4500
= $10,000
AC = $10,000/3000
AC = $3.33
(1b)
Total profit for the period formular
Profit = Total Revenue - Total cost
Total Revenue = Price×quantuty
=$6.00×3000
=$18,000
Profit = $18,000 - $10,000
=$8,000
(1c)
Tax paid by the firm
Formula:
Tax paid = Tax rate × taxable profit
= 10/100 × $8000/1
=$800
(1d)
Fixed cost is defined as the cost incurred by a firm which does not change or vary with the level of activity. Examples are salary, rent, electricity. Whereas variable cost are the cost incurred by a firm which vary or change with the level of activity. Examples are fuel, cost of raw materials, wages of workers.
============================================
=======================================
(6a)
Unemployment can be defined as an economic situation in which able body men and women who are willing and able to work can not secure any job in the country.
(6b)
(i) Technological employment: This is caused as a result of company changes its technical ways of production which result in laying off of worker who cannot cope with the new method of production.
(ii) Cyclical Unemployment: This is caused as a result I down-swing in trade cycle ie a fall in a demand for a country's product.
(6c)
(i) Industrialization: Government should many industries that can employ many worker.
(ii) Population control - Population should be controlled to obtain optimum level, so as to match the human population with available resources.
(iii) Proper Development plan: This should be put in places to cater for people who are unemployed.
(iv) Re-designing Educational system : The educational system should be redesigned to graduate people that are able to create employment.
=======================================
(4a)
Trade by barter can be defined as the exchange of goods for goods and services for services.
(4b)
(i) Problem of double coincidence: This is a situation whereby a producer looks for another producer who has what he wants and want what he has.
(ii) Problem of storage: This problem occur because most of goods produced are perishable.
(4c)
(i)Commodity Money: Is a commodity that is generally acceptable as a medium of exchange. Such a commodity has a money value as well as an intrinsic value of its own.
(ii) Token money: This is a form of money with a face value which is greater than the value of the metal content.
(iii) Bank deposits: The bank deposit is the process whereby an individual deposits his money in the bank and then uses cheques as a means of payment.
========================================
(3a)
Primary production involves the extractive industry where the occupation of people is directed to the process of extracting raw materials from the soil or area
(3bi)
Primary production: Mining and Fishing
(3bii)
Secondary production: Manufacturing industries and Construction industries
(3biii)
Tertiary production: Financial institutions, schools
(3c)
(i) Revenue: The primary industries like timber industry, cocoa industry, fishing industry, mining industry etc pay monies to the government in the form of taxes or levies. These monies are called revenues and they are used for developmental projects in the country.
(ii) Foreign exchange: Most of the the primary industries in such as timber industry, cocoa industry, mining industry etc., do not process or add value to their raw materials. Their raw materials are exported to other countries and this earns the country foreign exchange.
(iii) Employment: The primary industries together employ over 65% of the working population in a country. These various industries serve as employment and help people to earn income to improve their lives.
Majority of the people at the rural areas are farmers and fishermen.
(iv) Raw materials: Some of the industries process or add value to the raw materials from the primary industries.
For example, cocoa beans obtained from the Cocoa industries are processed by some companies such as Cocoa Processing Company into chocolates etc.
Answers loading....
How do I get 2021 Waec Gce economics answers BEFORE THE EXAM?
. You can get 2020/2020 Exam answers directly from examplaza.com, visit HERE NOW
Frequently Asked Qestions and Answers
Meaning of NECO 'No CA3' & How to Fix it - MySchoolGist
What is the meaning of no ca3 in Neco?
NECO 'No CA 3' Meaning and How to Resolve. What is CA3: Continuous Assessment for students of 3. What does it mean by No CA 3: It means your school did not uploaded their Students continuous assessment 3 on our database and by such the result of such candidate will not be released.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
WAEC grading system 2020-2021 ? Legit.ng
Is d7 a good grade in Waec?
It means that you have scored 39% or less on your exam. ... E8 (40-44%) and D7 (45-49%) are passing grades. C6 (50-54%), C5 (55-59%) and C4 (60-64%) are credit grades. B3 (65-69%) is a Good grade.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
Assessment - New Grade Points for 2011-12 - Grade Points
Is b2 a good grade?
Throughout the University, grade A means excellent, grade B means very good, and so on. ... For example, grade B is divided into three bands: B1 means a high B, B2 means a medium B, and B3 means a low B.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
Calculating your aggregate score: JAMB's score + O ... - AskNigeria
How is Waec aggregate calculated?
A1: 1 x 4 = 4 B2: 3 x 3.6 = 10.8 C4: 1 x 2.8 = 2.8 Total points: 4 + 10.8 + 2.8 = 17.6 Now, we divide the UTME by 8 i.e 280 ? 8 = 35 So, the aggregate score will be 17.6 + 35 + Post-UTME score.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
Is 21 too old to start university? : AskUK - Reddit
Is 21 too old for university?
21 isn't too old to start anything. Seriously though, who is going to be able to tell you are two years older. It's a none issue. It's probably a better time to start uni than an 18 year old in my opinion.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
Does WAEC Repeat Past Questions? Click Here To See Answers ...
Do Waec repeat questions?
Currently, waec no longer allow students to go home with their question papers. So, when you ask? does waec repeat past questions? Just have it in mind that the past questions you are talking about is the old past questions. And we all know that waec usually change syllabus, and English language do change as well.
West African Senior School Certificate Examination - Wikipedia
What is the pass mark for Waec?
WAEC grading systemGradesDefinitionInterpretationC5Credit55% - 59%C6Credit50% - 54%D7Pass45% - 49%E8Pass40% - 44%5 more rows
7 Brain Hacks to Learn and Memorize Things Faster | The Science ...
How can I memorize faster and longer?
National Examination Council (Nigeria) - Wikipedia
How many times is Neco written in a year?
Two examinations are held annually. On 15 July 2013, some plans were made by the federal government of Nigeria to remove the National Examination Council (NECO) From the Nigeria Education System due to low and average passing percentage from candidates across the state in Nigeria.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
Buy WAEC Scratch Cards Online ? Buy WAEC Result Checker ...
What is a WAEC scratch card?
Answer. The WAEC Scratch card is a plastic card with a scratch patch on the reverse side that conceals a PIN required to access the WAECDIRECT service.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
Is Wassce equivalent to GCSE? ? Education ? Best Discussion ...
Is GCSE equivalent to Waec?
Is Wassce equivalent to GCSE? Minimum of three passes at GCE A-level at grade C or above, and five passes at GCSE/IGCSE level at grade C or above, including English and Maths with equivalent qualifications such as African WAECs - 6 passes at grades 1-6, including Maths and English.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
WAEC Grading System for Examinations. | Download Table
What grade is distinction in Waec?
... is externally organized and graded by the West Africa Examinations Council (WAEC), which clas- sifies candidates who obtain BECE Aggregate 6 to 12 as "distinction" or "good" students, Aggregate 13 to 24 achiev- ers as "average," and Aggregate 25 and above achievers as "weak" students (Asihene, 2009;Dorleku, 2013; ...
... is externally organized and graded by the West Africa Examinations Council (WAEC), which clas- sifies candidates who obtain BECE Aggregate 6 to 12 as "distinction" or "good" students, Aggregate 13 to 24 achiev- ers as "average," and Aggregate 25 and above achievers as "weak" students (Asihene, 2009;Dorleku, 2013; ...
GCE ? MULTINATIONAL EDUCATIONAL CONSULTING
What is GCE exam?
What is GCE? It is General Certificate Examination. The GCE as it usually called by many people are two based on the bodies that conduct them. There is the West African Senior School Certificate Examination (WASSCE) for school private candidates in November/December.
What is GCE? It is General Certificate Examination. The GCE as it usually called by many people are two based on the bodies that conduct them. There is the West African Senior School Certificate Examination (WASSCE) for school private candidates in November/December.
WAEC result is not valid for 10 years ? waec registrar | News From ...
Does Waec result expire?
WAEC result is not valid for 10 years ? waec registrar. ... the registrar clearly stated that Waec result is valid for life. Waec result does not expire in as much as the owner is still alive, the result can be used .
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
How Long can I Use My WAEC, NECO, NABTEB Results For ...
How long is Waec certificate valid?
The fact is your O'level result; be it WAEC , NECO or NABTEB is valid for a life time and has no expiration date. The Examination conducted by these examination bodies is known as ?achievement test? and therefore the certificates awarded are valid forever.
The fact is your O'level result; be it WAEC , NECO or NABTEB is valid for a life time and has no expiration date. The Examination conducted by these examination bodies is known as ?achievement test? and therefore the certificates awarded are valid forever.
NECO 2020 Registration Form, Exam Starting Date, Price Timetable ...
How much is NECO 2020?
NECO registration form 2020 price is Eleven Thousand , Three Hundred And Fifty Naira Only (N11,350) Nine Thousand, Eight Hundred And Fifty Naira Only (N9,850) following the reduction of JAMB UTME form price and NECO form price in 2018.
NECO registration form 2020 price is Eleven Thousand , Three Hundred And Fifty Naira Only (N11,350) Nine Thousand, Eight Hundred And Fifty Naira Only (N9,850) following the reduction of JAMB UTME form price and NECO form price in 2018.
WAEC Grading System for Examinations. | Download Table
What is a distinction in Waec?
... is externally organized and graded by the West Africa Examinations Council (WAEC), which clas- sifies candidates who obtain BECE Aggregate 6 to 12 as "distinction" or "good" students, Aggregate 13 to 24 achiev- ers as "average," and Aggregate 25 and above achievers as "weak" students (Asihene, 2009;Dorleku, 2013; ...
... is externally organized and graded by the West Africa Examinations Council (WAEC), which clas- sifies candidates who obtain BECE Aggregate 6 to 12 as "distinction" or "good" students, Aggregate 13 to 24 achiev- ers as "average," and Aggregate 25 and above achievers as "weak" students (Asihene, 2009;Dorleku, 2013; ...
WAEC Grading System & Meaning | A, B, C, D, E & F Interpretations
Is e8 a pass mark in Waec?
B3 is B (Very Good), C4 is C (Good), C5 and C6 are (Credit), D7 and E8 are E (Pass) and F9 is F (Fail).
B3 is B (Very Good), C4 is C (Good), C5 and C6 are (Credit), D7 and E8 are E (Pass) and F9 is F (Fail).Mar 3, 2020
How To Learn Anything 10x Faster - YouTube
How can I learn 10x faster?
Is D7 accepted in University of Ghana? - LegonConnect
Do universities accept d7?
Currently, public universities don't accept D7 for core subjects in admission purposes.
Currently, public universities don't accept D7 for core subjects in admission purposes.Feb 10, 2020
GED equivalent in the UK? - Expat Forum For People Moving ...
What is the GED equivalent to in England?
There isn't a GED equivalent, as the UK does not have a standard school-leaving test or qualification. High school students can take a number of different "A-levels", "International Baccalaureate", "Scottish Highers", "National Vocational Qualifications", etc.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
List of Universities in Germany that Accept WAEC Results | GH ...
Is Waec accepted in Germany?
The WAEC examination is open to both private and school candidates. ... Most universities in Germany accepts WAEC results from West African students. So, you need to meet their minimum requirements before you're offered admission into a German university.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
Buy WAEC Scratch Cards Online ? Buy WAEC Result Checker ...
Which bank sells WAEC scratch card?
WAEC Scratch cards can also be purchased at the National Office of WAEC and at any of its zonal and branch offices across Nigeria. It may also be bought from any of the branch offices of Fountain Trust Bank Plc across Nigeria.
WAEC Scratch cards can also be purchased at the National Office of WAEC and at any of its zonal and branch offices across Nigeria. It may also be bought from any of the branch offices of Fountain Trust Bank Plc across Nigeria.
International Entry Requirements: What's my degree score equal to?
What is a 2.2 degree in GPA?
Postgraduate: University of the West Indies - A score of B, 65% or GPA of 3.0 is considered comparable to a UK 2.1, while a score of B-, 60% or GPA of 2.7 is considered comparable to a UK 2.2. ... A Level or CAPE grades will also be considered alongside degree scores.
NECO 2020 BECE Registration Form ("Junior WAEC") ? NGScholars
How much is junior Waec fees?
The following are the approved fees for the examination and other related items: Registration fees ? 4,000.00 Naira (Mandatory fee) Late Registration ? 1,000.00 Naira per candidate ? (Mandatory fee) Re-Sit Exam ? 1,000.00 Naira per copy.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
WAEC to stop amendment on certificates in 2017 - Punch Newspapers
Does Waec certificate carry date of birth?
WAEC to stop amendment on certificates in 2017. The West African Examinations Council says it will stop amending the date of birth and other entries on the certificate of candidates from January 1, 2017.
Matriculation - Wikipedia
What is matric called in UK?
India still uses terms such as Matriculation Exams and Intermediate Exams taken from the days of British rule although in England itself these terms were replaced by 'O' or Ordinary Level Examinations (now called GCSEs) and 'A' or Advanced Level Examinations.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
Courses You Can Study Without Economics | Fatherprada
Can I gain admission with d7 in economics?
Though Economics is a subject that cut across all departments in secondary, Economics is a core subject for commercial students. You can't escape Economics. Many schools may accept D7 or E8 in Mathematics and English for some courses but for Economics, you must have credit?
West African Senior School Certificate Examination - Wikipedia
Which month is Waec?
This examination is offered during summer (April to May), and the results are available by August.
This examination is offered during summer (April to May), and the results are available by August.
9 Creative and Inventive Ways for Students to Cheat in Exams
How can I cheat in exams?
Follow these incredible guidelines to cheat:Don't bring out secret notes right after the beginning of your exams;Avoid using an eraser because it's impractical and obvious;Write down answers on the turn side of your paper;Add tiny notes to clothes, such as sweater sleeves or baseball hats;More items...
Can I Go to University Without A-levels? | Stonebridge Associated ...
Can you go to uni without qualifications?
It's possible to go to university without A-levels by studying an Access to Higher Education Diploma. They are accepted by many universities and can help you to meet the entry requirements for a variety of courses.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
What is the best method to study alone and effectively? - Quora
What is the best study method?
The best study spot is one that is quiet, well-lit, and in a low-traffic area. Make sure there is a clear workspace to study and write on. For every 30 minutes, you study, take a short 10-15 minute break to recharge. Make studying less overwhelming by condensing notes from class.
The best study spot is one that is quiet, well-lit, and in a low-traffic area. Make sure there is a clear workspace to study and write on. For every 30 minutes, you study, take a short 10-15 minute break to recharge. Make studying less overwhelming by condensing notes from class.
WAEC Grading System for Examinations. | Download Table
What is a distinction in Waec?
... is externally organized and graded by the West Africa Examinations Council (WAEC), which clas- sifies candidates who obtain BECE Aggregate 6 to 12 as "distinction" or "good" students, Aggregate 13 to 24 achiev- ers as "average," and Aggregate 25 and above achievers as "weak" students (Asihene, 2009;Dorleku, 2013; ...
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
Is D7 accepted in University of Ghana? - LegonConnect
Does Legon accept d7?
Is D7 accepted in the University of Ghana? Minister of State in charge of Tertiary Education, Professor Kwesi Yankah has suggested that students who get D7 and E8 in their final exams, should be considered in University admissions.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
West African Senior School Certificate Examination - Wikipedia
What is the pass mark for Waec?
How Many Years is WAEC, NECO & NABTEB Results Valid?
Does Neco expire?
Similar to WAEC, your National Examination Council (NECO) result (certificate) is valid for life. It doesn't have any expiry date. That is, for as long as you live, you can use your NECO result to gain admission into the university and seek employment where applicable.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
WAEC Grading System & Meaning | A, B, C, D, E & F Interpretations
Is e8 a pass mark in Waec?
B3 is B (Very Good), C4 is C (Good), C5 and C6 are (Credit), D7 and E8 are E (Pass) and F9 is F (Fail).
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
Is 22 too late to start college when I graduated from high school at ...
Is 22 too old for college?
You are never to old to start college. In fact, at 22 you will be in great company. Non-traditional students are typically more focused on their school work and tend to do better on assessments, when compared to their 18-21-year old classmates.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
Why Waec Gce is Far better than Neco Gce - WAEC GCE
Is Neco better than GCE?
Why Waec Gce is Far better than Neco Gce. ... 2: Grading: The marking scheme of Neco is totally different from that of Waec Gce and mostly students prefer writing Waec gce than that of Neco , Have you heard about C Parallel slogan, Student now call some board Exam Parallel Examination.
Why Waec Gce is Far better than Neco Gce. ... 2: Grading: The marking scheme of Neco is totally different from that of Waec Gce and mostly students prefer writing Waec gce than that of Neco , Have you heard about C Parallel slogan, Student now call some board Exam Parallel Examination.May 13, 2013
South African matric [Archive] - PPRuNe Forums
What is matric equivalent in UK?
It's hard to compare precisely. Matric covers a broad range of subjects like GCSEs do in the UK, which we write at 16. Matric is written at 18 and probably to a slightly higher standard than GCSE level but definitely below the A-Level exams we do at 18, when normally we only do 3-4 subjects.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
What is the best time for studying? - Quora
Which time is best for study?
Generally speaking the best time for effective studying would be Morning (5AM to 10 AM) and Evening(5PM to 9 PM) . Reasons: Early morning is a time when there is very less movement of any form. You would be the only one awake in the house and there won't be any distractions.
How To Process Collection Of Original WAEC Certificate ...
Can I collect my Waec certificate from WAEC office?
Private candidates can collect their certificates from WAEC directly at any of the WAEC offices nationwide. Applicants are required to present an application letter, a sworn affidavit from the High Court, the online result print- out, one passport-size photograph, photo card and identity card.
How to get your Original NECO Result | News From Nigeria ...
How long does it take to get NECO certificate?
The basic requirements for collection of original certification is the verification of the candidate original O level result. Neck stand for national examination council and the original neck result is always available after 4 years.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
Does WAEC Repeat Past Questions? Click Here To See Answers ...
Do Waec repeat questions?
Currently, waec no longer allow students to go home with their question papers. So, when you ask? does waec repeat past questions? Just have it in mind that the past questions you are talking about is the old past questions. And we all know that waec usually change syllabus, and English language do change as well.
Currently, waec no longer allow students to go home with their question papers. So, when you ask? does waec repeat past questions? Just have it in mind that the past questions you are talking about is the old past questions. And we all know that waec usually change syllabus, and English language do change as well.
Study Skills | SkillsYouNeed
What are the 4 study skills?
Our Study Skills Pages Include:Getting Organised to Study. Getting organised is an important first step to effective study. ... Finding Time to Study. ... Sources of Information for Study. ... Styles of Writing. ... Effective Reading. ... Critical Reading and Reading Strategies. ... Note-Taking. ... Planning an Essay.More items...
GCE Harder than WAEC? Differences To Expect - School Contents
Is GCE harder than Waec?
WAEC internal can be easier because you're have been well prepared for the papers most recently (SS1 to 3). People usually write GCE while they'd abandoned books for months - if not years. This may make it more difficult to pass. There are other reasons WAEC internal could be more convenient as detailed in this post.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
Which universities in England allow attendance with only a GED ...
Do UK universities accept GED?
Many UK universities will accept a high school diploma a with a high enough GPA and if a GED is equivalent then that would probably be accepted. ... Some American universities have a campus in the UK, the most well known is Richmond, the American International University in London.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam
Never too old for new tricks: the joy of being a mature student ...
Is 50 too old for university?
About 40% of mature students studying at university are over the age of 30, some in their 50s and 60s. ... Ucas says that universities are happy to accept older students as most arrive with high levels of enthusiasm, commitment and additional life experience.
About 40% of mature students studying at university are over the age of 30, some in their 50s and 60s. ... Ucas says that universities are happy to accept older students as most arrive with high levels of enthusiasm, commitment and additional life experience.Jan 12, 2018
Original WAEC Certificate Collection: How To Go About It Easily
How do I get my original Waec certificate?
So, if yours is an internal examination, kindly go to your school for collection. For private candidates, you need to go to the nearest WAEC office and make inquiry. Just remember, if it's been more than a year since your certificate was released, you will have to pay a fee to collect your certificate.