Post Utme Coal City University 2020 Geography Question 35

Practice objective / multiple choice question 35 from the 2020 Post Utme Coal City University Geography examination.

Post Utme Coal City University 2020 Geography Objective / Multiple Choice
Question 35 POST_UTME_COAL_CITY_UNIVERSITY • 2020 • GEOGRAPHY • objective

The following graph shows the relationship between the price of a commodity and its demand. What is the price elasticity of demand at point P?

Answer Options

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

About This Question

This is Post Utme Coal City University 2020 Geography Question 35. It is one of the objective questions from the 2020 Post Utme Coal City University Geography examination.

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