Post Utme Eksu 2022 Economics Question 26

Practice objective / multiple choice question 26 from the 2022 Post Utme Eksu Economics examination.

Post Utme Eksu 2022 Economics Objective / Multiple Choice
Question 26 POST_UTME_EKSU • 2022 • ECONOMICS • objective

A firm's demand curve is given by Qd = 100 - 2P, and the supply curve is given by Qs = 2P - 100. If the equilibrium price is P = 50, what is the equilibrium quantity?

Answer Options

A. 100
B. 150
Correct Answer C. 200
D. 250
Correct Answer
C
Correct Option:
200

About This Question

This is Post Utme Eksu 2022 Economics Question 26. It is one of the objective questions from the 2022 Post Utme Eksu Economics examination.

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