Post Utme Coal City University 2022 Economics Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2022 Economics Objective / Multiple Choice
Question 18 POST_UTME_COAL_CITY_UNIVERSITY • 2022 • ECONOMICS • objective

A perfectly competitive market has a demand function given by p = 100 - 2q. What is the price when q = 20?

Answer Options

A. 60
Correct Answer B. 80
C. 100
D. 120
Correct Answer
B
Correct Option:
80

About This Question

This is Post Utme Coal City University 2022 Economics Question 18. It is one of the objective questions from the 2022 Post Utme Coal City University Economics examination.

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