Post Utme Ims U 2019 Economics Question 1

Practice objective / multiple choice question 1 from the 2019 Post Utme Ims U Economics examination.

Post Utme Ims U 2019 Economics Objective / Multiple Choice
Question 1 POST_UTME_IMS_U • 2019 • ECONOMICS • objective

The demand for a commodity is said to be perfectly inelastic if a change in the price of the commodity does not affect the quantity demanded. Which of the following best describes the demand curve for a perfectly inelastic commodity?

Answer Options

A. A horizontal line
Correct Answer B. A vertical line
C. An upward-sloping line
D. A downward-sloping line
Correct Answer
B
Correct Option:
A vertical line

About This Question

This is Post Utme Ims U 2019 Economics Question 1. It is one of the objective questions from the 2019 Post Utme Ims U Economics examination.

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