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WAEC Commerce 2024 Objective — Question 8

Question 8 of 50 from the West African Examinations Council (WAEC) Commerce 2024 Objective paper, with the correct answer and a full explanation.

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8. The process of making goods and providing services for consumption is A.

  • A. exchange.
  • B. occupation.
  • C. production.Correct
  • D. specialization.

Explanation

Production is the process of creating utility.

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