Post Utme Crawford University 2022 Economics Question 3

Practice objective / multiple choice question 3 from the 2022 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2022 Economics Objective / Multiple Choice
Question 3 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • ECONOMICS • objective
Post Utme Crawford University 2022 Economics Question 3 diagram

The following diagram shows the supply and demand curves for a particular good. What is the equilibrium price and quantity?

Answer Options

Correct Answer A. Price = ₦100, Quantity = 100 units
B. Price = ₦150, Quantity = 150 units
C. Price = ₦200, Quantity = 200 units
D. Price = ₦250, Quantity = 250 units
Correct Answer
A
Correct Option:
Price = ₦100, Quantity = 100 units

About This Question

This is Post Utme Crawford University 2022 Economics Question 3. It is one of the objective questions from the 2022 Post Utme Crawford University Economics examination.

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