Post Utme Futo 2022 Economics Question 23

Practice objective / multiple choice question 23 from the 2022 Post Utme Futo Economics examination.

Post Utme Futo 2022 Economics Objective / Multiple Choice
Question 23 POST_UTME_FUTO • 2022 • ECONOMICS • objective

The following diagram shows the supply and demand curves for a product. If the price elasticity of supply is cons\tant at 2, find the price at which the quantity supplied is 100 units.

Answer Options

A. ₦50
Correct Answer B. ₦100
C. ₦200
D. ₦500
Correct Answer
B
Correct Option:
₦100

About This Question

This is Post Utme Futo 2022 Economics Question 23. It is one of the objective questions from the 2022 Post Utme Futo Economics examination.

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