Post Utme Mountain Top University 2018 Economics Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2018 Economics Objective / Multiple Choice
Question 34 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's supply function is given by Q = 50 + 2P, where Q is quantity supplied and P is price. If the firm's current price is P = 15, what is the firm's current quantity supplied?

Answer Options

A. 65
B. 70
Correct Answer C. 75
D. 80
Correct Answer
C
Correct Option:
75

About This Question

This is Post Utme Mountain Top University 2018 Economics Question 34. It is one of the objective questions from the 2018 Post Utme Mountain Top University Economics examination.

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