Post Utme Redeemers University 2022 Geography Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Redeemers University Geography examination.

Post Utme Redeemers University 2022 Geography Objective / Multiple Choice
Question 39 POST_UTME_REDEEMERS_UNIVERSITY • 2022 • GEOGRAPHY • objective

The diagram below shows a graph of the relationship between the price of a commodity and the quantity demanded. What is the name of the phenomenon shown by the graph?

Answer Options

Correct Answer A. Law of demand
B. Law of supply
C. Giffen good
D. Veblen good
Correct Answer
A
Correct Option:
Law of demand

About This Question

This is Post Utme Redeemers University 2022 Geography Question 39. It is one of the objective questions from the 2022 Post Utme Redeemers University Geography examination.

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