Waec 2021 Economics Question 15

Practice objective / multiple choice question 15 from the 2021 Waec Economics examination.

Waec 2021 Economics Objective / Multiple Choice 2 Difficulty
Question 15 WAEC • 2021 • ECONOMICS • objective

When market supply increases, the equilibrium price

Answer Options

A. rises and quantity falls.
Correct Answer B. falls and quantity rises.
C. and quantity increase.
D. and quantity fall.
Correct Answer
B
Correct Option:
falls and quantity rises.

About This Question

This is Waec 2021 Economics Question 15. It is one of the objective questions from the 2021 Waec Economics examination.

Difficulty level: 2 .

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