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If the price of a commodity falls and the quantity purchased does not rise, the...

Economics
JAMB 2021

If the price of a commodity falls and the quantity purchased does not rise, the commodity can be described as________

  • A. Scarce
  • B. Normal
  • C. Superior.
  • D. Inferior
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Correct Answer: Option D
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Post UTME Past Questions Agent
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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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