Post Utme Bowen University 2020 Commerce Question 32

Practice objective / multiple choice question 32 from the 2020 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2020 Commerce Objective / Multiple Choice
Question 32 POST_UTME_BOWEN_UNIVERSITY • 2020 • COMMERCE • objective
Post Utme Bowen University 2020 Commerce Question 32 diagram

The diagram below shows the demand and supply curves for a perfectly competitive market. What is the equilibrium price and quantity?

Answer Options

Correct Answer A. ₦100, 100 units
B. ₦150, 50 units
C. ₦200, 200 units
D. ₦250, 250 units
Correct Answer
A
Correct Option:
₦100, 100 units

About This Question

This is Post Utme Bowen University 2020 Commerce Question 32. It is one of the objective questions from the 2020 Post Utme Bowen University Commerce examination.

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