Post Utme Lasu 2024 Commerce Question 3

Practice objective / multiple choice question 3 from the 2024 Post Utme Lasu Commerce examination.

Post Utme Lasu 2024 Commerce Objective / Multiple Choice
Question 3 POST_UTME_LASU • 2024 • COMMERCE • objective
Post Utme Lasu 2024 Commerce Question 3 diagram

The diagram below shows the demand and supply curves for a perfectly competitive market. What is the equilibrium price and quantity?

Answer Options

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

About This Question

This is Post Utme Lasu 2024 Commerce Question 3. It is one of the objective questions from the 2024 Post Utme Lasu Commerce examination.

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