Post Utme Lautech 2023 Geography Question 8

Practice objective / multiple choice question 8 from the 2023 Post Utme Lautech Geography examination.

Post Utme Lautech 2023 Geography Objective / Multiple Choice
Question 8 POST_UTME_LAUTECH • 2023 • GEOGRAPHY • objective

The diagram below represents a simple economic model. Which of the following variables is most likely to be affected by a change in the price of a commodity?

Answer Options

A. Supply
Correct Answer B. Demand
C. Equilibrium
D. Price
Correct Answer
B
Correct Option:
Demand

About This Question

This is Post Utme Lautech 2023 Geography Question 8. It is one of the objective questions from the 2023 Post Utme Lautech Geography examination.

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