Post Utme Bells University 2024 Geography Question 23

Practice objective / multiple choice question 23 from the 2024 Post Utme Bells University Geography examination.

Post Utme Bells University 2024 Geography Objective / Multiple Choice
Question 23 POST_UTME_BELLS_UNIVERSITY • 2024 • GEOGRAPHY • objective

The diagram below shows a simple economic model. What is the name of the curve that represents the maximum amount of a good that consumers are willing and able to buy at each price level?

Answer Options

Correct Answer A. Law of demand
B. Law of supply
C. Equilibrium price
D. Consumer surplus
Correct Answer
A
Correct Option:
Law of demand

About This Question

This is Post Utme Bells University 2024 Geography Question 23. It is one of the objective questions from the 2024 Post Utme Bells University Geography examination.

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