Post Utme Madonna University 2017 Commerce Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2017 Commerce Objective / Multiple Choice
Question 35 POST_UTME_MADONNA_UNIVERSITY • 2017 • COMMERCE • objective

The concept of supply and demand is a fundamental principle in economics. Which of the following is a characteristic of a supply curve?

Answer Options

A. Sloping upwards
Correct Answer B. Sloping downwards
C. Horizontal
D. Vertical
Correct Answer
B
Correct Option:
Sloping downwards

About This Question

This is Post Utme Madonna University 2017 Commerce Question 35. It is one of the objective questions from the 2017 Post Utme Madonna University Commerce examination.

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