Post Utme Delsu 2018 Commerce Question 31

Practice objective / multiple choice question 31 from the 2018 Post Utme Delsu Commerce examination.

Post Utme Delsu 2018 Commerce Objective / Multiple Choice
Question 31 POST_UTME_DELSU • 2018 • COMMERCE • objective

In a perfectly competitive market, the law of supply states that as the price of a commodity increases, the quantity supplied of that commodity will

Answer Options

A. increase
B. decrease
C. remain constant
Correct Answer D. move in the opposite direction of the price change
Correct Answer
D
Correct Option:
move in the opposite direction of the price change

About This Question

This is Post Utme Delsu 2018 Commerce Question 31. It is one of the objective questions from the 2018 Post Utme Delsu Commerce examination.

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