Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. WAEC
  4. /
  5. Economics
  6. /
  7. 1998
  8. /
  9. Q3
Question 3

At what price will a trader be ready to sell 6 oranges using the equilibrium below. p = 1/2 q + 2. where p is price and q is quantity?

  • A.N3.00
  • B.N4.00
  • C.N5.00
  • D.N6.00
  • E.N8.00
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
1998
Question no.
#3
Type
Objective
Previous · Q2one way of solving the problem of scarcity that faces the individuals is for Next · Q4 If the last Naira spent on each commodity by a consumer gave him equal…

More from this paper

  • Q1the study of Economics enables the individuals to
  • Q5which of the following will shift the demand curve for Milo to the right?
  • Q6An ? exceptional demand is one in which
  • Q7The equilibrium price of mangoes is N1.00. If the price fall to 50k, there will…
  • Q8The introduction of division of labour in a firm will lead to?
  • Q9Total cost is the addition of
See all Economics 1998 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy