Post Utme Aaua 2022 Economics Question 6
Practice objective / multiple choice question 6 from the 2022 Post Utme Aaua Economics examination.
The demand for a product is given by the equation Qd = 100 - 2P, where Qd is the quantity demanded and P is the price. The supply of the product is given by the equation Qs = 2P - 100, where Qs is the quantity supplied and P is the price. If the equilibrium price is 50, what is the equilibrium quantity?
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About This Question
This is Post Utme Aaua 2022 Economics Question 6. It is one of the objective questions from the 2022 Post Utme Aaua Economics examination.
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