Post Utme Aaua 2020 Economics Question 3

Practice objective / multiple choice question 3 from the 2020 Post Utme Aaua Economics examination.

Post Utme Aaua 2020 Economics Objective / Multiple Choice
Question 3 POST_UTME_AAUA • 2020 • ECONOMICS • objective
Post Utme Aaua 2020 Economics Question 3 diagram

Consider the following diagram:

Answer Options

A. The demand curve is downward-sloping.
B. The supply curve is upward-sloping.
Correct Answer C. The equilibrium price is $10.
D. The equilibrium quantity is 10 units.
Correct Answer
C
Correct Option:
The equilibrium price is $10.

About This Question

This is Post Utme Aaua 2020 Economics Question 3. It is one of the objective questions from the 2020 Post Utme Aaua Economics examination.

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