passwella.
Menu

UI Post-UTME Economics 2013 (Model questions) Question 12

Question 12

Theory of Demand

The table below depicts ------------- Price (₦): 1, 2, 3, 4, 5; Quantity (kg): 100, 120, 150, 180, 200

  1. A.a normal demand curve
  2. B.an abnormal demand curve
  3. C.a diminishing marginal utility curve
  4. D.a kinked demand curve.
Show the answer and explanation

Answer: B (an abnormal demand curve)

Explanation

Quantity demanded rises as price rises, the opposite of the law of demand, so it is an abnormal demand curve.