Post Utme Al Hikmah University 2018 Economics Question 6

Practice objective / multiple choice question 6 from the 2018 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2018 Economics Objective / Multiple Choice
Question 6 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • ECONOMICS • objective

In a perfectly competitive market, the supply curve is upward-sloping because

Answer Options

Correct Answer A. Firms are willing to supply more at a higher price
B. Firms are willing to supply less at a lower price
C. Firms are willing to supply more at a lower price
D. Firms are willing to supply less at a higher price
Correct Answer
A
Correct Option:
Firms are willing to supply more at a higher price

About This Question

This is Post Utme Al Hikmah University 2018 Economics Question 6. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Economics examination.

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