Post Utme Covenant University 2017 Economics Question 16
Practice objective / multiple choice question 16 from the 2017 Post Utme Covenant University Economics examination.
At a price of ₦200, the quantity demanded of a commodity is 100 units. At a price of ₦300, the quantity demanded is 50 units. U\sing the midpoint formula, calculate the equilibrium price and quantity. Assume the market is in equilibrium.
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About This Question
This is Post Utme Covenant University 2017 Economics Question 16. It is one of the objective questions from the 2017 Post Utme Covenant University Economics examination.
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