Post Utme Lasu 2025 Economics Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Lasu Economics examination.

Post Utme Lasu 2025 Economics Objective / Multiple Choice

Question 32 POST_UTME_LASU • 2025 • ECONOMICS • objective

A monopolist produces a good with a demand curve given by Qd = 100 - 2P and a supply curve given by Qs = 2P. Find the equilibrium price and quantity.

Correct Answer A. P = 20, Q = 40

B. P = 10, Q = 20

C. P = 30, Q = 60

D. P = 40, Q = 80

Correct Answer

Correct Option:

P = 20, Q = 40

This is Post Utme Lasu 2025 Economics Question 32. It is one of the objective questions from the 2025 Post Utme Lasu Economics examination.

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