Post Utme Pan Atlantic University 2025 Geography Question 33

Practice objective / multiple choice question 33 from the 2025 Post Utme Pan Atlantic University Geography examination.

Post Utme Pan Atlantic University 2025 Geography Objective / Multiple Choice
Question 33 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2025 • GEOGRAPHY • objective

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

Answer Options

A. increase in supply
B. decrease in demand
C. increase in price
Correct Answer D. decrease in quantity demanded
Correct Answer
D
Correct Option:
decrease in quantity demanded

About This Question

This is Post Utme Pan Atlantic University 2025 Geography Question 33. It is one of the objective questions from the 2025 Post Utme Pan Atlantic University Geography examination.

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