Post Utme Ui 2021 General Studies Question 16

Practice objective / multiple choice question 16 from the 2021 Post Utme Ui General Studies examination.

Post Utme Ui 2021 General Studies Objective / Multiple Choice

Question 16 POST_UTME_UI • 2021 • GENERAL STUDIES • objective

Post Utme Ui 2021 General Studies Question 16 diagram

The graph below shows the relationship between the price of a commodity and its quantity demanded. Which of the following laws describes this relationship?

Answer Options

Correct Answer A. Law of Demand

B. Law of Supply

C. Law of Diminishing Marginal Utility

D. Law of Increasing Opportunity Cost

Correct Answer

Correct Option:

Law of Demand

About This Question

This is Post Utme Ui 2021 General Studies Question 16. It is one of the objective questions from the 2021 Post Utme Ui General Studies examination.

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