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  9. Q16
Question 16

In the normal market situation , when the price of a commodity rises the

  • A.demand for the commodity will rise
  • B.demand for the commodity will fall
  • C.supply of the commodity will be constant
  • D.supply of the commodity will fall
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
2006
Question no.
#16
Type
Objective
Previous · Q15In the analysis of utility theory, the basis of demand is Next · Q17 when the quantity of a commodity supplied increases and the quantity demanded…

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