Post Utme Futa 2021 Economics Question 26
Practice objective / multiple choice question 26 from the 2021 Post Utme Futa Economics examination.
The demand for a product is given by the equation Qd = 100 - 2P, where Qd is the quantity demanded and P is the price. The supply of the product is given by the equation Qs = 2P - 100, where Qs is the quantity supplied and P is the price. If the market is in equilibrium, what is the price of the product?
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About This Question
This is Post Utme Futa 2021 Economics Question 26. It is one of the objective questions from the 2021 Post Utme Futa Economics examination.
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