Post Utme Uniosun 2020 Economics Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2020 Economics Objective / Multiple Choice

Question 8 POST_UTME_UNIOSUN • 2020 • ECONOMICS • objective

A firm's supply function is given by Q = 50 + 2P, where Q is output and P is price. If the price of output is ₦50 per unit, determine the quantity supplied.

Answer Options

A. Q = 50

Correct Answer B. Q = 100

C. Q = 150

D. Q = 200

Correct Answer

Correct Option:

Q = 100

About This Question

This is Post Utme Uniosun 2020 Economics Question 8. It is one of the objective questions from the 2020 Post Utme Uniosun Economics examination.

View More Post Utme Uniosun 2020 Economics Questions More Post Utme Uniosun 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