Post Utme Pan Atlantic University 2025 Economics Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2025 Economics Objective / Multiple Choice

Question 18 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2025 • ECONOMICS • objective

Consider a market with the following supply and demand functions: Q^s = 2p - 100 and Q^d = 200 - 2p. What is the equilibrium price and quantity in this market?

Answer Options

A. p = 100, Q = 200

Correct Answer B. p = 150, Q = 250

C. p = 200, Q = 300

D. p = 250, Q = 350

Correct Answer

Correct Option:

p = 150, Q = 250

About This Question

This is Post Utme Pan Atlantic University 2025 Economics Question 18. It is one of the objective questions from the 2025 Post Utme Pan Atlantic University Economics examination.

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