Post Utme Lead City University 2020 Economics Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2020 Economics Objective / Multiple Choice
Question 23 POST_UTME_LEAD_CITY_UNIVERSITY • 2020 • ECONOMICS • objective

The diagram below shows the supply and demand curves for a commodity. If the price of the commodity is P1, what is the equilibrium quantity?

Answer Options

A. Q1
Correct Answer B. Q2
C. Q3
D. Q4
Correct Answer
B
Correct Option:
Q2

About This Question

This is Post Utme Lead City University 2020 Economics Question 23. It is one of the objective questions from the 2020 Post Utme Lead City University Economics examination.

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