Post Utme Ksu 2025 Economics Question 42

Practice objective / multiple choice question 42 from the 2025 Post Utme Ksu Economics examination.

Post Utme Ksu 2025 Economics Objective / Multiple Choice
Question 42 POST_UTME_KSU • 2025 • ECONOMICS • objective

A firm's demand function is Q = 100 - 2P, and its supply function is Q = 2P - 50. What is the equilibrium price and quantity?

Answer Options

Correct Answer A. P = 25, Q = 75
B. P = 50, Q = 100
C. P = 75, Q = 125
D. P = 100, Q = 150
Correct Answer
A
Correct Option:
P = 25, Q = 75

About This Question

This is Post Utme Ksu 2025 Economics Question 42. It is one of the objective questions from the 2025 Post Utme Ksu Economics examination.

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