Post Utme Coal City University 2017 Economics Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2017 Economics Objective / Multiple Choice
Question 15 POST_UTME_COAL_CITY_UNIVERSITY • 2017 • ECONOMICS • objective

A country's demand for a particular good is given by D(p) = 100 - 2p. Which of the following is the country's supply function?

Answer Options

A. ( S(p) = 50 + p )
Correct Answer B. ( S(p) = 50 - p )
C. ( S(p) = 100 - p )
D. ( S(p) = 100 + p )
Correct Answer
B
Correct Option:
( S(p) = 50 - p )

About This Question

This is Post Utme Coal City University 2017 Economics Question 15. It is one of the objective questions from the 2017 Post Utme Coal City University Economics examination.

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