Post Utme Eksu 2023 Government Question 33

Practice objective / multiple choice question 33 from the 2023 Post Utme Eksu Government examination.

Post Utme Eksu 2023 Government Objective / Multiple Choice
Question 33 POST_UTME_EKSU • 2023 • GOVERNMENT • objective
Post Utme Eksu 2023 Government Question 33 diagram

A diagram of a simple economic graph is shown below. If the demand for a product increases, what will be the effect on the price of the product?

Answer Options

Correct Answer A. The price will increase.
B. The price will decrease.
C. The price will remain the same.
D. The price will fluctuate.
Correct Answer
A
Correct Option:
The price will increase.

About This Question

This is Post Utme Eksu 2023 Government Question 33. It is one of the objective questions from the 2023 Post Utme Eksu Government examination.

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