Post Utme Pan Atlantic University 2021 Commerce Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2021 Commerce Objective / Multiple Choice
Question 19 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2021 • COMMERCE • objective

A firm's supply function is given by P = 2Q + 10, where P is price and Q is quantity. If the firm wants to produce 5 units of output, then the price it will receive is

Answer Options

A. ₦15
B. ₦20
Correct Answer C. ₦25
D. ₦30
Correct Answer
C
Correct Option:
₦25

About This Question

This is Post Utme Pan Atlantic University 2021 Commerce Question 19. It is one of the objective questions from the 2021 Post Utme Pan Atlantic University Commerce examination.

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