Post Utme Eksu 2023 Geography Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Eksu Geography examination.

Post Utme Eksu 2023 Geography Objective / Multiple Choice
Question 23 POST_UTME_EKSU • 2023 • 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
Correct Answer B. A decrease in the quantity supplied
C. A decrease in the quantity demanded
D. An increase in the quantity supplied
Correct Answer
B
Correct Option:
A decrease in the quantity supplied

About This Question

This is Post Utme Eksu 2023 Geography Question 23. It is one of the objective questions from the 2023 Post Utme Eksu Geography examination.

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