Post Utme Afe Babalola University 2017 Economics Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2017 Economics Objective / Multiple Choice
Question 34 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • ECONOMICS • objective

A country's export supply function is given by Qs = 50 + 2P - 3Y, where Qs is the quantity supplied, P is the price, and Y is the income. If the price is 80 and the income is 300, what is the quantity supplied?

Answer Options

A. 120
B. 130
Correct Answer C. 140
D. 150
Correct Answer
C
Correct Option:
140

About This Question

This is Post Utme Afe Babalola University 2017 Economics Question 34. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Economics examination.

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