Post Utme Pan Atlantic University 2025 Commerce Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2025 Commerce Objective / Multiple Choice
Question 29 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2025 • COMMERCE • objective

In a perfectly competitive market, the law of supply states that as the price of a good increases, the quantity supplied will

Answer Options

A. increase
Correct Answer B. decrease
C. remain constant
D. shift to the left
Correct Answer
B
Correct Option:
decrease

About This Question

This is Post Utme Pan Atlantic University 2025 Commerce Question 29. It is one of the objective questions from the 2025 Post Utme Pan Atlantic University Commerce examination.

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