Post Utme Eksu 2020 Geography Question 34

Practice objective / multiple choice question 34 from the 2020 Post Utme Eksu Geography examination.

Post Utme Eksu 2020 Geography Objective / Multiple Choice
Question 34 POST_UTME_EKSU • 2020 • GEOGRAPHY • objective

The diagram below shows a simple economic model. Which of the following is a consequence of an increase in the price of a good?

Answer Options

A. An increase in the quantity demanded
B. A decrease in the quantity supplied
C. An increase in the quantity supplied
Correct Answer D. A decrease in the quantity demanded
Correct Answer
D
Correct Option:
A decrease in the quantity demanded

About This Question

This is Post Utme Eksu 2020 Geography Question 34. It is one of the objective questions from the 2020 Post Utme Eksu Geography examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support