WAEC Commerce questions: Occupation and production

17 questions with answers and explanations. Tap an option to check yourself.

All topics Advertising and marketing · 16 Business management and environment · 15 Commerce and its scope · 16 Communication · 17 Computers and ICT in business · 15 Consumer protection · 16 Documents used in trade · 18 Elements of commercial law · 16 Financing a business · 16 Foreign trade · 19 Forms of business organisation · 19 Home trade: retail and wholesale · 19 Insurance · 18 Money and banking · 19 Occupation and production · 17 The stock exchange · 17 Transport · 16 Warehousing · 15

Question 1· Occupation and production· WAEC
A secondary school teacher provides
Explanation and discussion
Question 2· Occupation and production· WAEC
Specialisation leads to
Explanation and discussion
Question 3· Occupation and production· WAEC
A tailor is engaged in
Explanation and discussion
Question 4· Occupation and production· WAEC
Specialisation increases output because workers
Explanation and discussion
Question 5· Occupation and production· WAEC
A teacher is engaged in
Explanation and discussion
Question 6· Occupation and production· WAEC
Extractive occupations include
Explanation and discussion
Question 7· Occupation and production· WAEC
A trader who carries tomatoes from Jos to a market in Lagos is engaged in
Explanation and discussion
Question 8· Occupation and production· WAEC
Tertiary production consists of
Explanation and discussion
Question 9· Occupation and production· WAEC
A pair of shoes made in Aba is not fully 'produced' in the commercial sense until it
Explanation and discussion
Question 10· Occupation and production· WAEC
A policeman is said to render
Explanation and discussion
Question 11· Occupation and production· WAEC
A lawyer's work is an example of
Explanation and discussion
Question 12· Occupation and production· WAEC
Which of these renders a direct service?
Explanation and discussion
Question 13· Occupation and production· WAEC
Building roads and bridges is an example of
Explanation and discussion
Question 14· Occupation and production· WAEC
The reward for capital as a factor of production is
Explanation and discussion
Question 15· Occupation and production· WAEC
A disadvantage of division of labour to the worker is
Explanation and discussion
Question 16· Occupation and production· WAEC
Workers such as teachers, doctors and lawyers render
Explanation and discussion
Question 17· Occupation and production· WAEC
The entrepreneur is the factor of production who
Explanation and discussion

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WAEC Commerce questions: Occupation and production

A secondary school teacher provides

Specialisation leads to

A tailor is engaged in

Specialisation increases output because workers

A teacher is engaged in

Extractive occupations include

A trader who carries tomatoes from Jos to a market in Lagos is engaged in

Tertiary production consists of

A pair of shoes made in Aba is not fully 'produced' in the commercial sense until it

A policeman is said to render

A lawyer's work is an example of

Which of these renders a direct service?

Building roads and bridges is an example of

The reward for capital as a factor of production is

A disadvantage of division of labour to the worker is

Workers such as teachers, doctors and lawyers render

The entrepreneur is the factor of production who