A Nigerian household demand curve for semovita is downward sloping because

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Economics WAEC 1994

A Nigerian household demand curve for semovita is downward sloping because

  • the demand for semovita is high
  • the local markets are flooded with semovita
  • semovita is produced in Nigeria
  • every household can afford to buy semovita
  • the higher the price of semovita, the lower the quantity demanded checkmark

The correct answer is: E

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