Post Utme Lautech 2019 Economics Question 21
Practice objective / multiple choice question 21 from the 2019 Post Utme Lautech Economics examination.
Suppose the demand function for a commodity is given by Qd = 100 - 2P and the supply function is given by Qs = 2P + 10. If the market is in equilibrium, what is the price of the commodity?
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About This Question
This is Post Utme Lautech 2019 Economics Question 21. It is one of the objective questions from the 2019 Post Utme Lautech Economics examination.
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