Post Utme Coal City University 2024 Economics Question 28

Practice objective / multiple choice question 28 from the 2024 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2024 Economics Objective / Multiple Choice
Question 28 POST_UTME_COAL_CITY_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's demand curve is represented by the equation: Q = 100 - 2P. What is the consumer surplus (CS) if the price is ₦20?

Answer Options

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

About This Question

This is Post Utme Coal City University 2024 Economics Question 28. It is one of the objective questions from the 2024 Post Utme Coal City University Economics examination.

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