Post Utme Osustech 2023 Geography Question 13

Practice objective / multiple choice question 13 from the 2023 Post Utme Osustech Geography examination.

Post Utme Osustech 2023 Geography Objective / Multiple Choice
Question 13 POST_UTME_OSUSTECH • 2023 • GEOGRAPHY • objective
Post Utme Osustech 2023 Geography Question 13 diagram

The diagram below shows a graph of the relationship between the price of a product and the quantity demanded. Which of the following economic concepts is illustrated by this graph?

Answer Options

Correct Answer A. Law of demand
B. Law of supply
C. Elasticity of demand
D. Consumer surplus
Correct Answer
A
Correct Option:
Law of demand

About This Question

This is Post Utme Osustech 2023 Geography Question 13. It is one of the objective questions from the 2023 Post Utme Osustech Geography examination.

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