Post Utme Afe Babalola University 2024 Economics Question 24

Practice objective / multiple choice question 24 from the 2024 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2024 Economics Objective / Multiple Choice
Question 24 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2024 • ECONOMICS • objective

The supply of a particular good is given by the equation: \( Q_s = 50 + 2P \), where \( Q_s \) is the quantity supplied and ( P ) is the price of the good. If the price of the good is $10, what is the quantity supplied?

Answer Options

A. 60
Correct Answer B. 70
C. 80
D. 90
Correct Answer
B
Correct Option:
70

About This Question

This is Post Utme Afe Babalola University 2024 Economics Question 24. It is one of the objective questions from the 2024 Post Utme Afe Babalola University Economics examination.

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