Post Utme Lead City University 2022 General Studies Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Lead City University General Studies examination.

Post Utme Lead City University 2022 General Studies Objective / Multiple Choice
Question 15 POST_UTME_LEAD_CITY_UNIVERSITY • 2022 • GENERAL STUDIES • objective

A student is studying the concept of supply and demand in economics. Which of the following is a factor that affects the supply curve?

Answer Options

Correct Answer A. Increase in production costs
B. Decrease in consumer demand
C. Increase in government subsidies
D. Decrease in raw material prices
Correct Answer
A
Correct Option:
Increase in production costs

About This Question

This is Post Utme Lead City University 2022 General Studies Question 15. It is one of the objective questions from the 2022 Post Utme Lead City University General Studies examination.

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