Question 15

A Nigerian household demand curve for semovita is downward sloping because

  • A.the demand for semovita is high
  • B.the local markets are flooded with semovita
  • C.semovita is produced in Nigeria
  • D.every household can afford to buy semovita
  • E.the higher the price of semovita, the lower the quantity demanded
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
1994
Question no.
#15
Type
Objective

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