Waec 2023 Economics Question 9

Practice objective / multiple choice question 9 from the 2023 Waec Economics examination. This question covers Economics .

Waec 2023 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 9 WAEC • 2023 • ECONOMICS • objective

A fall in the price of a normal commodity which has elastic demand will result in

Answer Options

Correct Answer A. a fall in quantity demanded.
B. an increase in revenue.
C. a fall in demand.
D. a decrease in revenue.
Correct Answer
A
Correct Option:
a fall in quantity demanded.

About This Question

This is Waec 2023 Economics Question 9. It is one of the objective questions from the 2023 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

View More Waec 2023 Economics Questions More Waec Practice Questions Back to Questions

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