Post Utme Noun 2022 Economics Question 3
Practice objective / multiple choice question 3 from the 2022 Post Utme Noun Economics examination.
The supply of a product is given by the equation Qs = 50 + 2P, where Qs is the quantity supplied and P is the price. If the price elasticity of supply is 0.5, what is the price at which the quantity supplied is 80?
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About This Question
This is Post Utme Noun 2022 Economics Question 3. It is one of the objective questions from the 2022 Post Utme Noun Economics examination.
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