Post Utme Summit University 2024 Geography Question 3

Practice objective / multiple choice question 3 from the 2024 Post Utme Summit University Geography examination.

Post Utme Summit University 2024 Geography Objective / Multiple Choice
Question 3 POST_UTME_SUMMIT_UNIVERSITY • 2024 • GEOGRAPHY • objective

The diagram below shows a graph of the relationship between the price of a commodity and its demand. What is the likely effect of a price increase on the demand for the commodity?

Answer Options

A. The demand for the commodity will increase.
Correct Answer B. The demand for the commodity will decrease.
C. The demand for the commodity will remain unchanged.
D. The demand for the commodity will fluctuate.
Correct Answer
B
Correct Option:
The demand for the commodity will decrease.

About This Question

This is Post Utme Summit University 2024 Geography Question 3. It is one of the objective questions from the 2024 Post Utme Summit University Geography examination.

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