Post Utme Noun 2025 Economics Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Noun Economics examination.

Post Utme Noun 2025 Economics Objective / Multiple Choice
Question 9 POST_UTME_NOUN • 2025 • ECONOMICS • objective

Suppose the demand for a product is given by \( Q_d = 100 - 2P \) and the supply is given by \( Q_s = 2P - 10 \). If the market is in equilibrium, what is the quantity of the product demanded?

Answer Options

A. \( Q_d = 90 \)
Correct Answer B. \( Q_d = 80 \)
C. \( Q_d = 70 \)
D. \( Q_d = 60 \)
Correct Answer
B
Correct Option:
\( Q_d = 80 \)

About This Question

This is Post Utme Noun 2025 Economics Question 9. It is one of the objective questions from the 2025 Post Utme Noun Economics examination.

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