Post Utme Lautech 2022 Economics Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Lautech Economics examination.

Post Utme Lautech 2022 Economics Objective / Multiple Choice
Question 4 POST_UTME_LAUTECH • 2022 • ECONOMICS • objective

The supply curve for a firm is given by the equation Qs = 2P + 10, where P is the price. If the firm produces 10 units, what is the price it will charge?

Answer Options

A. \₦10
Correct Answer B. \₦20
C. \₦30
D. \₦40
Correct Answer
B
Correct Option:
\₦20

About This Question

This is Post Utme Lautech 2022 Economics Question 4. It is one of the objective questions from the 2022 Post Utme Lautech Economics examination.

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