Post Utme Lasu 2022 Economics Question 12

Practice objective / multiple choice question 12 from the 2022 Post Utme Lasu Economics examination.

Post Utme Lasu 2022 Economics Objective / Multiple Choice
Question 12 POST_UTME_LASU • 2022 • ECONOMICS • objective

A firm's demand curve shifts to the right due to an increase in consumer income, which leads to a

Answer Options

A. increase in price
B. decrease in quantity demanded
C. increase in quantity supplied
Correct Answer D. decrease in price
Correct Answer
D
Correct Option:
decrease in price

About This Question

This is Post Utme Lasu 2022 Economics Question 12. It is one of the objective questions from the 2022 Post Utme Lasu Economics examination.

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