Post Utme Rhema University 2018 Geography Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Rhema University Geography examination.

Post Utme Rhema University 2018 Geography Objective / Multiple Choice
Question 20 POST_UTME_RHEMA_UNIVERSITY • 2018 • GEOGRAPHY • objective

The graph below shows the relationship between the price of a commodity and its demand. What is the name of the economic concept illustrated by the graph?

Answer Options

Correct Answer A. Law of Demand
B. Law of Supply
C. Law of Diminishing Marginal Utility
D. Law of Increasing Opportunity Cost
Correct Answer
A
Correct Option:
Law of Demand

About This Question

This is Post Utme Rhema University 2018 Geography Question 20. It is one of the objective questions from the 2018 Post Utme Rhema University Geography examination.

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