Post Utme Delsu 2023 Economics Question 40

Practice objective / multiple choice question 40 from the 2023 Post Utme Delsu Economics examination.

Post Utme Delsu 2023 Economics Objective / Multiple Choice
Question 40 POST_UTME_DELSU • 2023 • ECONOMICS • objective

A firm has a demand function given by \( Q = 100 - 2P \). If the firm's supply function is given by \( Q = 2P - 10 \), what is the firm's equilibrium price?

Answer Options

A. ₦20
B. ₦30
Correct Answer C. ₦40
D. ₦50
Correct Answer
C
Correct Option:
₦40

About This Question

This is Post Utme Delsu 2023 Economics Question 40. It is one of the objective questions from the 2023 Post Utme Delsu Economics examination.

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