Post Utme Pan Atlantic University 2024 General Studies Question 18

Practice objective / multiple choice question 18 from the 2024 Post Utme Pan Atlantic University General Studies examination.

Post Utme Pan Atlantic University 2024 General Studies Objective / Multiple Choice
Question 18 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2024 • GENERAL STUDIES • objective
Post Utme Pan Atlantic University 2024 General Studies Question 18 diagram

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

Answer Options

Correct Answer A. The demand increases
B. The demand decreases
C. The demand remains the same
D. The demand becomes zero
Correct Answer
A
Correct Option:
The demand increases

About This Question

This is Post Utme Pan Atlantic University 2024 General Studies Question 18. It is one of the objective questions from the 2024 Post Utme Pan Atlantic University General Studies examination.

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