Post Utme Skyline University 2020 Geography Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Skyline University Geography examination.

Post Utme Skyline University 2020 Geography Objective / Multiple Choice

Question 33 POST_UTME_SKYLINE_UNIVERSITY • 2020 • GEOGRAPHY • objective

Post Utme Skyline University 2020 Geography Question 33 diagram

The diagram below shows a simple economic model. Which of the following is a consequence of a decrease in the supply of a good?

Answer Options

A. Increase in price

Correct Answer B. Decrease in price

C. Increase in quantity supplied

D. Decrease in quantity demanded

Correct Answer

Correct Option:

Decrease in price

About This Question

This is Post Utme Skyline University 2020 Geography Question 33. It is one of the objective questions from the 2020 Post Utme Skyline University Geography examination.

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