Post Utme Summit University 2017 Geography Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Summit University Geography examination.

Post Utme Summit University 2017 Geography Objective / Multiple Choice
Question 33 POST_UTME_SUMMIT_UNIVERSITY • 2017 • GEOGRAPHY • objective

The diagram below shows a simple economic model. What is the relationship between the supply and demand curves?

Answer Options

A. The supply curve is above the demand curve
Correct Answer B. The demand curve is above the supply curve
C. The supply curve is equal to the demand curve
D. The supply curve is below the demand curve
Correct Answer
B
Correct Option:
The demand curve is above the supply curve

About This Question

This is Post Utme Summit University 2017 Geography Question 33. It is one of the objective questions from the 2017 Post Utme Summit University Geography examination.

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