Post Utme Coal City University 2021 Economics Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2021 Economics Objective / Multiple Choice
Question 10 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • ECONOMICS • objective

A firm faces a demand curve given by Qd = 100 - 2P and a supply curve given by Qs = 50 + 2P. If the firm produces 30 units of the good, what is the consumer surplus?

Answer Options

A. $100
B. $200
Correct Answer C. $300
D. $400
Correct Answer
C
Correct Option:
$300

About This Question

This is Post Utme Coal City University 2021 Economics Question 10. It is one of the objective questions from the 2021 Post Utme Coal City University Economics examination.

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