Post Utme Eksu 2019 Economics Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Eksu Economics examination.

Post Utme Eksu 2019 Economics Objective / Multiple Choice
Question 5 POST_UTME_EKSU • 2019 • ECONOMICS • objective

A firm's supply function is given by Q = 2P + 10, where Q is the quantity supplied and P is the price. If the price increases by 10%, what is the new quantity supplied?

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 Eksu 2019 Economics Question 5. It is one of the objective questions from the 2019 Post Utme Eksu Economics examination.

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