Post Utme Afe Babalola University 2022 Geography Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Afe Babalola University Geography examination.

Post Utme Afe Babalola University 2022 Geography Objective / Multiple Choice
Question 40 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2022 • GEOGRAPHY • objective

The diagram below represents a graph of the relationship between the price of a commodity and the quantity demanded. Identify the type of market structure that is represented by the graph.

Answer Options

Correct Answer A. Perfect Competition
B. Monopoly
C. Monopolistic Competition
D. Oligopoly
Correct Answer
A
Correct Option:
Perfect Competition

About This Question

This is Post Utme Afe Babalola University 2022 Geography Question 40. It is one of the objective questions from the 2022 Post Utme Afe Babalola University Geography examination.

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