Waec 2024 Economics Question 14

Practice objective / multiple choice question 14 from the 2024 Waec Economics examination. This question covers Economics .

Waec 2024 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 14 WAEC • 2024 • ECONOMICS • objective

The negative slope of the demand curve is best explained by a

Answer Options

A. decrease in consumers' income
B. decrease in the price of a commodity
Correct Answer C. diminishing marginal utility
D. increase in the price of a commodity
Correct Answer
C
Correct Option:
diminishing marginal utility

About This Question

This is Waec 2024 Economics Question 14. It is one of the objective questions from the 2024 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

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