Post Utme Rsu 2018 Government Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Rsu Government examination.

Post Utme Rsu 2018 Government Objective / Multiple Choice
Question 5 POST_UTME_RSU • 2018 • GOVERNMENT • objective
Post Utme Rsu 2018 Government Question 5 diagram

A graph showing the relationship between the price of a commodity and the quantity demanded is shown below. Which of the following best describes the effect of an increase in the price of the commodity on the quantity demanded?

Answer Options

A. The quantity demanded will increase.
Correct Answer B. The quantity demanded will decrease.
C. The quantity demanded will remain unchanged.
D. The quantity demanded will increase at first and then decrease.
Correct Answer
B
Correct Option:
The quantity demanded will decrease.

About This Question

This is Post Utme Rsu 2018 Government Question 5. It is one of the objective questions from the 2018 Post Utme Rsu Government examination.

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