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What is the change in quantity of rice demand when the price increases from N1.00...

Agricultural Science
WAEC 2019

What is the change in quantity of rice demand when the price increases from N1.00 to N5.00?

  • A. 8kg
  • B. 6kg
  • C. 4kg
  • D. 2kg
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Correct Answer: Option B
Explanation

To determine the change in the quantity of rice demanded when the price increases from N1.00 to N5.00, you can refer to the demand curve in the provided graph.

Initial quantity demanded at N1.00: 8 kg
Quantity demanded at N5.00: 2 kg

Change in quantity demanded = 8 kg - 2 kg = 6 kg


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