Post Utme Summit University 2022 Economics Question 23
Practice objective / multiple choice question 23 from the 2022 Post Utme Summit University Economics examination.
The demand for a product is given by the equation Q = 100 - 2P, where Q is the quantity demanded and P is the price of the product. The supply of the product is given by the equation Q = 2P - 50. If the price of the product is ₦50, what is the equilibrium quantity?
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About This Question
This is Post Utme Summit University 2022 Economics Question 23. It is one of the objective questions from the 2022 Post Utme Summit University Economics examination.
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