Post Utme Lasu 2023 Geography Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Lasu Geography examination.

Post Utme Lasu 2023 Geography Objective / Multiple Choice
Question 34 POST_UTME_LASU • 2023 • GEOGRAPHY • objective

The diagram below shows a simple economic model of supply and demand. Which of the following is a characteristic of this model?

Answer Options

A. A fixed supply and a variable demand
B. A variable supply and a fixed demand
C. A fixed supply and a fixed demand
Correct Answer D. A variable supply and a variable demand
Correct Answer
D
Correct Option:
A variable supply and a variable demand

About This Question

This is Post Utme Lasu 2023 Geography Question 34. It is one of the objective questions from the 2023 Post Utme Lasu Geography examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support