Post Utme Bsu 2025 Economics Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Bsu Economics examination.

Post Utme Bsu 2025 Economics Objective / Multiple Choice

Question 32 POST_UTME_BSU • 2025 • ECONOMICS • objective

A monopolistically competitive firm faces a downward-sloping demand curve. If the firm increases its price, what will happen to its quantity demanded?

A. The quantity demanded will increase

Correct Answer B. The quantity demanded will decrease

C. The quantity demanded will remain the same

D. The firm will experience a decrease in revenue

Correct Answer

Correct Option:

The quantity demanded will decrease

This is Post Utme Bsu 2025 Economics Question 32. It is one of the objective questions from the 2025 Post Utme Bsu Economics examination.

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