Post Utme Skyline University 2019 Commerce Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2019 Commerce Objective / Multiple Choice
Question 3 POST_UTME_SKYLINE_UNIVERSITY • 2019 • COMMERCE • objective
Post Utme Skyline University 2019 Commerce Question 3 diagram

The diagram below shows the demand curve for a perfectly competitive market. If the price of the good increases from ₦100 to ₦120, the quantity demanded will

Answer Options

A. Increase
Correct Answer B. Decrease
C. Remain the same
D. Move to the left
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Skyline University 2019 Commerce Question 3. It is one of the objective questions from the 2019 Post Utme Skyline University Commerce examination.

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