Post Utme Esut 2024 Geography Question 17

Practice objective / multiple choice question 17 from the 2024 Post Utme Esut Geography examination.

Post Utme Esut 2024 Geography Objective / Multiple Choice
Question 17 POST_UTME_ESUT • 2024 • GEOGRAPHY • objective

The diagram below shows a graph of the relationship between the price of a commodity and the quantity demanded. What is the economic concept represented by the downward-sloping curve?

Answer Options

A. Law of Supply
Correct Answer B. Law of Demand
C. Law of Diminishing Marginal Utility
D. Law of Increasing Opportunity Cost
Correct Answer
B
Correct Option:
Law of Demand

About This Question

This is Post Utme Esut 2024 Geography Question 17. It is one of the objective questions from the 2024 Post Utme Esut Geography examination.

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