Post Utme Ksu 2024 Economics Question 13

Practice objective / multiple choice question 13 from the 2024 Post Utme Ksu Economics examination.

Post Utme Ksu 2024 Economics Objective / Multiple Choice
Question 13 POST_UTME_KSU • 2024 • ECONOMICS • objective

A country's demand for a product is given by the equation Qd = 100 - 2P, and the supply is given by Qs = 2P - 50. What is the equilibrium price?

Answer Options

A. ₦20
B. ₦30
Correct Answer C. ₦40
D. ₦50
Correct Answer
C
Correct Option:
₦40

About This Question

This is Post Utme Ksu 2024 Economics Question 13. It is one of the objective questions from the 2024 Post Utme Ksu Economics examination.

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