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WAEC Economics 2002 Question 24

Question 24

Population

Which of the following statements about population is correct?

  1. A.Optimum population whenever achieved does not change.
  2. B.Under-population implies that available resources are not used to full capacity.
  3. C.Over-population leads to a higher per capita output.
  4. D.Optimum population leads to overcrowding of cities.
Show the answer and explanation

Answer: B (Under-population implies that available resources are not used to full capacity.)

Explanation

With too few people, there is not enough labour to make full use of the resources.