Utme 2019 Economics Question 8

Practice objective / multiple choice question 8 from the 2019 Utme Economics examination. This question covers Economics .

Utme 2019 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 8 UTME • 2019 • ECONOMICS • objective

A good is said to be inferior if its demand

Answer Options

A. rises as income rises
B. is perfectly inelastic
Correct Answer C. falls as income rises
D. rises as price falls
Correct Answer
C
Correct Option:
falls as income rises

About This Question

This is Utme 2019 Economics Question 8. It is one of the objective questions from the 2019 Utme Economics examination.

The question covers Economics .

Difficulty level: 2 .

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