Post Utme Crawford University 2025 Economics Question 15

Practice objective / multiple choice question 15 from the 2025 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2025 Economics Objective / Multiple Choice
Question 15 POST_UTME_CRAWFORD_UNIVERSITY • 2025 • ECONOMICS • objective

A monopolist's demand curve is given by Q = 100 - 2P, and the inverse supply curve is given by P = 10 + 0.5Q. Find the equilibrium price and quantity.

Answer Options

A. ₦20, 50
B. ₦25, 75
Correct Answer C. ₦30, 100
D. ₦35, 125
Correct Answer
C
Correct Option:
₦30, 100

About This Question

This is Post Utme Crawford University 2025 Economics Question 15. It is one of the objective questions from the 2025 Post Utme Crawford University Economics examination.

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