Post Utme Achievers University 2023 Economics Question 40

Practice objective / multiple choice question 40 from the 2023 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2023 Economics Objective / Multiple Choice
Question 40 POST_UTME_ACHIEVERS_UNIVERSITY • 2023 • ECONOMICS • objective

A firm's supply curve is given by the equation P = 2Q + 10, where P is the price and Q is the quantity supplied. If the firm wants to increase its quantity supplied by 50%, what is the new price?

Answer Options

A. $20
B. $25
Correct Answer C. $30
D. $35
Correct Answer
C
Correct Option:
$30

About This Question

This is Post Utme Achievers University 2023 Economics Question 40. It is one of the objective questions from the 2023 Post Utme Achievers University Economics examination.

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