Home / Aptitude Tests / Economics / A normal demand curv...

A normal demand curve is

...

A normal demand curve is

A.

Is concave to the point of origin

B.

Is convex to the point of origin

C.

Is parallel to X axis

D.

Is parallel to Y axis

E.

Slopes upwards from left to right

View answer & explanation

Correct answer is B

No explanation has been provided for this answer.

See all Economics questions & answers
See more WAEC questions & answers
Similar Questions

An economy in which both the public and the private sectors contribute substantially to the growth o...

Which of the following factors is an important determinant of the magnitude of price elasticity of d...

A modern corporation is owned by ...

If the government imposes a minimum price on a commodity ...

The demand curve for neccessity is usually ...

Which of the following is not true about the occupational distribution of the labour force of West A...

The purchasing power of the naira will fall when ...

The diagram above shows a firm operating under conditions of monopolistic competition. The curve W r...

The primary objectives of the Nigerian Industrial Development Banks(NIDB) is the provision of loans ...

The short-run supply curve for medical doctors is more likely to be ...

Aptitude Tests

Typing Speed and Accuracy Test

Puzzles Questions and Answers

Personality Test

Data Interpretation Questions and Answers

Numerical Reasoning Questions and Answers

Logical Reasoning Questions and Answers

Verbal Reasoning Questions and Answers

Spatial Reasoning Questions and Answers

Quantitative Reasoning Questions and Answers

Nigeria General Knowledge Questions and Answers

Abstract Reasoning Questions and Answers

Microsoft Office Questions and Answers

Situational Judgement Questions and Answers

See all →


View latest jobs in Nigeria today