Post Utme Osustech 2019 Economics Question 24
Practice objective / multiple choice question 24 from the 2019 Post Utme Osustech Economics examination.
A government wants to increase the supply of a good by reducing the price. If the supply function is given by Q = 50 + 2P and the price elasticity of supply is 2.0, what is the new price?
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About This Question
This is Post Utme Osustech 2019 Economics Question 24. It is one of the objective questions from the 2019 Post Utme Osustech Economics examination.
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