Post Utme Unilorin 2021 Geography Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Unilorin Geography examination.

Post Utme Unilorin 2021 Geography Objective / Multiple Choice
Question 14 POST_UTME_UNILORIN • 2021 • GEOGRAPHY • objective

The diagram below shows a simple economic graph. What is the name of the economic concept represented by the downward-sloping curve?

Answer Options

A. Law of Supply
Correct Answer B. Law of Demand
C. Equilibrium Price
D. Consumer Surplus
Correct Answer
B
Correct Option:
Law of Demand

About This Question

This is Post Utme Unilorin 2021 Geography Question 14. It is one of the objective questions from the 2021 Post Utme Unilorin Geography examination.

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