Post Utme Uniben 2019 General Studies Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Uniben General Studies examination.

Post Utme Uniben 2019 General Studies Objective / Multiple Choice
Question 36 POST_UTME_UNIBEN • 2019 • GENERAL STUDIES • objective
Post Utme Uniben 2019 General Studies Question 36 diagram

The diagram below shows a graph of the demand curve for a product. If the price of the product is reduced from ₦100 to ₦80, what will happen to the quantity demanded?

Answer Options

Correct Answer A. The quantity demanded will increase
B. The quantity demanded will decrease
C. The quantity demanded will remain the same
D. The quantity demanded will become zero
Correct Answer
A
Correct Option:
The quantity demanded will increase

About This Question

This is Post Utme Uniben 2019 General Studies Question 36. It is one of the objective questions from the 2019 Post Utme Uniben General Studies examination.

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