Post Utme Eksu 2017 Geography Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Eksu Geography examination.

Post Utme Eksu 2017 Geography Objective / Multiple Choice
Question 24 POST_UTME_EKSU • 2017 • GEOGRAPHY • objective

The diagram below represents a simple economic model of supply and demand. If the demand for a product increases, what will happen to the equilibrium price?

Answer Options

Correct Answer A. Increase
B. Decrease
C. Remain the same
D. Move to the left
Correct Answer
A
Correct Option:
Increase

About This Question

This is Post Utme Eksu 2017 Geography Question 24. It is one of the objective questions from the 2017 Post Utme Eksu Geography examination.

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