Post Utme Uniben 2023 Geography Question 9

Practice objective / multiple choice question 9 from the 2023 Post Utme Uniben Geography examination.

Post Utme Uniben 2023 Geography Objective / Multiple Choice
Question 9 POST_UTME_UNIBEN • 2023 • GEOGRAPHY • objective

A graph shows the relationship between the price of a commodity and its quantity demanded. Identify the type of market structure that is most likely to be characterized by a downward-sloping demand curve.

Answer Options

Correct Answer A. Perfect Competition
B. Monopoly
C. Monopolistic Competition
D. Oligopoly
Correct Answer
A
Correct Option:
Perfect Competition

About This Question

This is Post Utme Uniben 2023 Geography Question 9. It is one of the objective questions from the 2023 Post Utme Uniben Geography examination.

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