Post Utme Unilag 2023 Economics Question 12

Practice objective / multiple choice question 12 from the 2023 Post Utme Unilag Economics examination.

Post Utme Unilag 2023 Economics Objective / Multiple Choice
Question 12 POST_UTME_UNILAG • 2023 • ECONOMICS • objective

The following diagram shows the supply and demand curves for a particular good. If the price of the good is currently $8, what is the equilibrium quantity?

Answer Options

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

About This Question

This is Post Utme Unilag 2023 Economics Question 12. It is one of the objective questions from the 2023 Post Utme Unilag Economics examination.

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