Post Utme Redeemers University 2022 Geography Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Redeemers University Geography examination.

Post Utme Redeemers University 2022 Geography Objective / Multiple Choice
Question 4 POST_UTME_REDEEMERS_UNIVERSITY • 2022 • GEOGRAPHY • objective
Post Utme Redeemers University 2022 Geography Question 4 diagram

The diagram below shows a simple economic model. What is the equilibrium price and quantity?

Answer Options

Correct Answer A. Price: ₦100, Quantity: 100 units
B. Price: ₦200, Quantity: 200 units
C. Price: ₦300, Quantity: 300 units
D. Price: ₦400, Quantity: 400 units
Correct Answer
A
Correct Option:
Price: ₦100, Quantity: 100 units

About This Question

This is Post Utme Redeemers University 2022 Geography Question 4. It is one of the objective questions from the 2022 Post Utme Redeemers University Geography examination.

View More Post Utme Redeemers University 2022 Geography Questions More Post Utme Redeemers University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support