Post Utme Uniosun 2021 Geography Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Uniosun Geography examination.

Post Utme Uniosun 2021 Geography Objective / Multiple Choice
Question 33 POST_UTME_UNIOSUN • 2021 • GEOGRAPHY • objective

The diagram below shows a graph of the relationship between the price of a commodity and the quantity demanded. What is the implication of this graph?

Answer Options

A. The price elasticity of demand is positive
B. The price elasticity of demand is negative
Correct Answer C. The quantity demanded is inversely related to the price
D. The quantity demanded is directly related to the price
Correct Answer
C
Correct Option:
The quantity demanded is inversely related to the price

About This Question

This is Post Utme Uniosun 2021 Geography Question 33. It is one of the objective questions from the 2021 Post Utme Uniosun Geography examination.

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