Post Utme Futo 2017 Geography Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Futo Geography examination.

Post Utme Futo 2017 Geography Objective / Multiple Choice
Question 4 POST_UTME_FUTO • 2017 • GEOGRAPHY • objective

The diagram below shows a simple economic model. What is the effect of an increase in the price of a commodity on the quantity demanded?

Answer Options

A. Increase
Correct Answer B. Decrease
C. No effect
D. Inverse relationship
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Futo 2017 Geography Question 4. It is one of the objective questions from the 2017 Post Utme Futo Geography examination.

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