Post Utme Bells University 2018 Economics Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Bells University Economics examination.

Post Utme Bells University 2018 Economics Objective / Multiple Choice
Question 5 POST_UTME_BELLS_UNIVERSITY • 2018 • ECONOMICS • objective

The Nigerian government has implemented a policy to reduce the price of a good. What is the effect of this policy on the demand curve of the good?

Answer Options

A. The demand curve shifts to the left.
Correct Answer B. The demand curve shifts to the right.
C. The demand curve remains unchanged.
D. The demand curve shifts upward.
Correct Answer
B
Correct Option:
The demand curve shifts to the right.

About This Question

This is Post Utme Bells University 2018 Economics Question 5. It is one of the objective questions from the 2018 Post Utme Bells University Economics examination.

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