Post Utme Delsu 2024 Economics Question 28

Practice objective / multiple choice question 28 from the 2024 Post Utme Delsu Economics examination.

Post Utme Delsu 2024 Economics Objective / Multiple Choice
Question 28 POST_UTME_DELSU • 2024 • ECONOMICS • objective

A firm's demand curve is given by Q = 100 - 2P. The firm's supply curve is given by Q = 2P - 50. What is the equilibrium quantity?

Answer Options

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

About This Question

This is Post Utme Delsu 2024 Economics Question 28. It is one of the objective questions from the 2024 Post Utme Delsu Economics examination.

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