Post Utme Joseph Ayo Babalola University 2021 Geography Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Joseph Ayo Babalola University Geography examination.

Post Utme Joseph Ayo Babalola University 2021 Geography Objective / Multiple Choice
Question 28 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2021 • GEOGRAPHY • objective

The diagram below represents a graph of the relationship between the price of a commodity and the quantity demanded. Identify the type of market structure that is represented by the graph.

Answer Options

Correct Answer A. Perfect competition
B. Monopoly
C. Oligopoly
D. Monopolistic competition
Correct Answer
A
Correct Option:
Perfect competition

About This Question

This is Post Utme Joseph Ayo Babalola University 2021 Geography Question 28. It is one of the objective questions from the 2021 Post Utme Joseph Ayo Babalola University Geography examination.

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