Post Utme Delsu 2017 Economics Question 27

Practice objective / multiple choice question 27 from the 2017 Post Utme Delsu Economics examination.

Post Utme Delsu 2017 Economics Objective / Multiple Choice
Question 27 POST_UTME_DELSU • 2017 • ECONOMICS • objective
Post Utme Delsu 2017 Economics Question 27 diagram

The diagram below shows the supply and demand curves for a commodity. What is the equilibrium price and quantity of the commodity?

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 Delsu 2017 Economics Question 27. It is one of the objective questions from the 2017 Post Utme Delsu Economics examination.

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