Post Utme Pan Atlantic University 2022 Economics Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2022 Economics Objective / Multiple Choice
Question 4 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2022 • ECONOMICS • objective

Consider the following diagram:

Answer Options

A. The demand curve is downward sloping
B. The supply curve is upward sloping
Correct Answer C. The equilibrium price is 10
D. The equilibrium quantity is 20
Correct Answer
C
Correct Option:
The equilibrium price is 10

About This Question

This is Post Utme Pan Atlantic University 2022 Economics Question 4. It is one of the objective questions from the 2022 Post Utme Pan Atlantic University Economics examination.

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