Post Utme Lautech 2021 Economics Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Lautech Economics examination.

Post Utme Lautech 2021 Economics Objective / Multiple Choice
Question 33 POST_UTME_LAUTECH • 2021 • ECONOMICS • objective
Post Utme Lautech 2021 Economics Question 33 diagram

The diagram below shows the supply and demand curves for a particular commodity. What is the equilibrium price and quantity of the commodity?

Answer Options

Correct Answer A. ₦100, 100 units
B. ₦50, 50 units
C. ₦200, 200 units
D. ₦150, 150 units
Correct Answer
A
Correct Option:
₦100, 100 units

About This Question

This is Post Utme Lautech 2021 Economics Question 33. It is one of the objective questions from the 2021 Post Utme Lautech Economics examination.

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