Post Utme Uniben 2022 Economics Question 36

Practice objective / multiple choice question 36 from the 2022 Post Utme Uniben Economics examination.

Post Utme Uniben 2022 Economics Objective / Multiple Choice

Question 36 POST_UTME_UNIBEN • 2022 • ECONOMICS • objective

Post Utme Uniben 2022 Economics Question 36 diagram

The following diagram shows the supply and demand curves for a commodity. What is the equilibrium price and quantity?

Answer Options

A. P = 20, Q = 100

Correct Answer B. P = 30, Q = 120

C. P = 40, Q = 140

D. P = 50, Q = 160

Correct Answer

Correct Option:

P = 30, Q = 120

About This Question

This is Post Utme Uniben 2022 Economics Question 36. It is one of the objective questions from the 2022 Post Utme Uniben Economics examination.

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