Post Utme Rsu 2020 Geography Question 9

Practice objective / multiple choice question 9 from the 2020 Post Utme Rsu Geography examination.

Post Utme Rsu 2020 Geography Objective / Multiple Choice
Question 9 POST_UTME_RSU • 2020 • GEOGRAPHY • objective
Post Utme Rsu 2020 Geography Question 9 diagram

The diagram below shows a simple economic model of supply and demand. Which of the following changes in the market would cause the equilibrium price to decrease?

Answer Options

A. Increase in supply
Correct Answer B. Decrease in demand
C. Increase in demand
D. Decrease in supply
Correct Answer
B
Correct Option:
Decrease in demand

About This Question

This is Post Utme Rsu 2020 Geography Question 9. It is one of the objective questions from the 2020 Post Utme Rsu Geography examination.

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