Utme 2020 Economics Question 30

Practice objective / multiple choice question 30 from the 2020 Utme Economics examination. This question covers Economics .

Utme 2020 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 30 UTME • 2020 • ECONOMICS • objective
DIAGRAM - graph_above
[See diagram]

In the graph above, F.G indicates [See diagram]

Answer Options

Correct Answer A. excess demand
B. excess supply
C. equilibrium price
D. equilibrium quantity demanded
Correct Answer
A
Correct Option:
excess demand

About This Question

This is Utme 2020 Economics Question 30. It is one of the objective questions from the 2020 Utme Economics examination.

The question covers Economics .

Difficulty level: 2 .

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