Post Utme Nile University 2019 Economics Question 10
Practice objective / multiple choice question 10 from the 2019 Post Utme Nile University Economics examination.
The supply of a good is given by the equation QS = 2P + 10, where QS is the quantity supplied and P is the price. If the price elasticity of supply is 0.5, find the percentage change in quantity supplied when the price increases by 10%.
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About This Question
This is Post Utme Nile University 2019 Economics Question 10. It is one of the objective questions from the 2019 Post Utme Nile University Economics examination.
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