Post Utme Ui 2018 General Studies Question 38

Practice objective / multiple choice question 38 from the 2018 Post Utme Ui General Studies examination.

Post Utme Ui 2018 General Studies Objective / Multiple Choice
Question 38 POST_UTME_UI • 2018 • GENERAL STUDIES • objective

The diagram below shows the relationship between the price of a commodity and its quantity demanded. If the price of the commodity increases from ₦100 to ₦120, what is the effect on the quantity demanded?

Answer Options

A. Increase
Correct Answer B. Decrease
C. No Change
D. Indeterminate
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Ui 2018 General Studies Question 38. It is one of the objective questions from the 2018 Post Utme Ui General Studies examination.

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