Post Utme Pan Atlantic University 2024 General Studies Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Pan Atlantic University General Studies examination.

Post Utme Pan Atlantic University 2024 General Studies Objective / Multiple Choice

Question 14 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2024 • GENERAL STUDIES • objective

Post Utme Pan Atlantic University 2024 General Studies Question 14 diagram

The graph below shows the relationship between the price of a commodity and its demand. What is the effect of a price increase on the demand?

Answer Options

A. The demand increases

Correct Answer B. The demand decreases

C. The demand remains the same

D. The demand becomes zero

Correct Answer

Correct Option:

The demand decreases

About This Question

This is Post Utme Pan Atlantic University 2024 General Studies Question 14. It is one of the objective questions from the 2024 Post Utme Pan Atlantic University General Studies examination.

View More Post Utme Pan Atlantic University 2024 General Studies Questions More Post Utme Pan Atlantic University 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