Post Utme Covenant University 2025 Government Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Covenant University Government examination.

Post Utme Covenant University 2025 Government Objective / Multiple Choice
Question 20 POST_UTME_COVENANT_UNIVERSITY • 2025 • GOVERNMENT • objective
Post Utme Covenant University 2025 Government Question 20 diagram

The diagram below shows a simple graph of the relationship between the price of a commodity and the quantity demanded. If the price of the commodity increases by 10%, what will be the effect on the quantity demanded?

Answer Options

A. The quantity demanded will increase by 10%
Correct Answer B. The quantity demanded will decrease by 10%
C. The quantity demanded will remain the same
D. The quantity demanded will increase by 20%
Correct Answer
B
Correct Option:
The quantity demanded will decrease by 10%

About This Question

This is Post Utme Covenant University 2025 Government Question 20. It is one of the objective questions from the 2025 Post Utme Covenant University Government examination.

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