Post Utme Eksu 2024 Economics Question 24

Practice objective / multiple choice question 24 from the 2024 Post Utme Eksu Economics examination.

Post Utme Eksu 2024 Economics Objective / Multiple Choice
Question 24 POST_UTME_EKSU • 2024 • ECONOMICS • objective

A country's supply function is given by Q = 50 + 2P, where Q is quantity supplied and P is price. If the country's current price is 30, what is the quantity supplied?

Answer Options

A. 70
Correct Answer B. 80
C. 90
D. 100
Correct Answer
B
Correct Option:
80

About This Question

This is Post Utme Eksu 2024 Economics Question 24. It is one of the objective questions from the 2024 Post Utme Eksu Economics examination.

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