Post Utme Lautech 2018 Economics Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Lautech Economics examination.

Post Utme Lautech 2018 Economics Objective / Multiple Choice
Question 24 POST_UTME_LAUTECH • 2018 • ECONOMICS • objective

A country's export supply function is given by \( ES = 50 + 2P \), where P is the price of the exported good. If the price of the exported good is $60, what is the quantity supplied?

Answer Options

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

About This Question

This is Post Utme Lautech 2018 Economics Question 24. It is one of the objective questions from the 2018 Post Utme Lautech Economics examination.

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