Post Utme Rhema University 2021 Economics Question 13

Practice objective / multiple choice question 13 from the 2021 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2021 Economics Objective / Multiple Choice
Question 13 POST_UTME_RHEMA_UNIVERSITY • 2021 • ECONOMICS • objective

The following diagram shows the supply and demand curves for a particular good. If the price of the good is currently at ( )₦50, what is the equilibrium quantity?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Rhema University 2021 Economics Question 13. It is one of the objective questions from the 2021 Post Utme Rhema University Economics examination.

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