Post Utme Lead City University 2022 Geography Question 22

Practice objective / multiple choice question 22 from the 2022 Post Utme Lead City University Geography examination.

Post Utme Lead City University 2022 Geography Objective / Multiple Choice
Question 22 POST_UTME_LEAD_CITY_UNIVERSITY • 2022 • GEOGRAPHY • objective

The graph below shows the relationship between the price of a commodity and its quantity demanded. What is the economic concept illustrated by this graph?

Answer Options

Correct Answer A. Law of Demand
B. Law of Supply
C. Law of Diminishing Marginal Utility
D. Law of Increasing Opportunity Cost
Correct Answer
A
Correct Option:
Law of Demand

About This Question

This is Post Utme Lead City University 2022 Geography Question 22. It is one of the objective questions from the 2022 Post Utme Lead City University 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