Post Utme Coal City University 2019 Geography Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Coal City University Geography examination.

Post Utme Coal City University 2019 Geography Objective / Multiple Choice
Question 10 POST_UTME_COAL_CITY_UNIVERSITY • 2019 • GEOGRAPHY • objective

The diagram below shows a graph of the relationship between the price of a commodity and its demand. Which of the following is a characteristic of the commodity's market?

Answer Options

A. Inelastic demand
Correct Answer B. Elastic demand
C. Unit elastic demand
D. Perfectly inelastic demand
Correct Answer
B
Correct Option:
Elastic demand

About This Question

This is Post Utme Coal City University 2019 Geography Question 10. It is one of the objective questions from the 2019 Post Utme Coal City University Geography examination.

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