Post Utme Ksu 2020 Economics Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Ksu Economics examination.

Post Utme Ksu 2020 Economics Objective / Multiple Choice
Question 18 POST_UTME_KSU • 2020 • ECONOMICS • objective
Post Utme Ksu 2020 Economics Question 18 diagram

The following diagram shows the supply and demand curves for a particular good.

Answer Options

A. Equilibrium price is ₦100
B. Equilibrium quantity is 100 units
Correct Answer C. The market is in equilibrium
D. The market is in disequilibrium
Correct Answer
C
Correct Option:
The market is in equilibrium

About This Question

This is Post Utme Ksu 2020 Economics Question 18. It is one of the objective questions from the 2020 Post Utme Ksu Economics examination.

View More Post Utme Ksu 2020 Economics Questions More Post Utme Ksu Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support