Post Utme Noun 2020 Geography Question 34

Practice objective / multiple choice question 34 from the 2020 Post Utme Noun Geography examination.

Post Utme Noun 2020 Geography Objective / Multiple Choice
Question 34 POST_UTME_NOUN • 2020 • GEOGRAPHY • objective
Post Utme Noun 2020 Geography Question 34 diagram

The diagram below shows a simple economic model. Which of the following is a consequence of an increase in the price of a commodity?

Answer Options

A. An increase in the quantity demanded
Correct Answer B. A decrease in the quantity supplied
C. A shift in the supply curve
D. A decrease in the price of the commodity
Correct Answer
B
Correct Option:
A decrease in the quantity supplied

About This Question

This is Post Utme Noun 2020 Geography Question 34. It is one of the objective questions from the 2020 Post Utme Noun Geography examination.

View More Post Utme Noun 2020 Geography Questions More Post Utme Noun Practice Questions Back to Questions

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