BECE Pre Vocational Study 2023 Objective — Question 52
Question 52 of 120 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Pre Vocational Study 2023 Objective paper, with the correct answer and a full explanation.
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The price of agricultural produce will be high if
- A. demand is low.
- B. supply is at equilibrium.
- C. supply is high.
- D. supply is low.Correct
- E. there is zero demand.
Explanation
Scarcity (low supply) pushes prices up.
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