Post Utme Igbinedion University 2019 Commerce Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2019 Commerce Objective / Multiple Choice
Question 13 POST_UTME_IGBINEDION_UNIVERSITY • 2019 • COMMERCE • objective

The diagram below shows the supply and demand curves for a commodity. If the price of the commodity is ₦100, what is the equilibrium quantity?

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 Igbinedion University 2019 Commerce Question 13. It is one of the objective questions from the 2019 Post Utme Igbinedion University Commerce examination.

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