Post Utme Joseph Ayo Babalola University 2017 Geography Question 3

Practice objective / multiple choice question 3 from the 2017 Post Utme Joseph Ayo Babalola University Geography examination.

Post Utme Joseph Ayo Babalola University 2017 Geography Objective / Multiple Choice
Question 3 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2017 • GEOGRAPHY • objective

The diagram below shows a simple economic model. What is the name of the curve that represents the maximum amount of a good that consumers are willing and able to buy at each price level?

Answer Options

Correct Answer A. Law of demand
B. Law of supply
C. Equilibrium price
D. Consumer surplus
Correct Answer
A
Correct Option:
Law of demand

About This Question

This is Post Utme Joseph Ayo Babalola University 2017 Geography Question 3. It is one of the objective questions from the 2017 Post Utme Joseph Ayo Babalola University Geography examination.

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