Post Utme Uniosun 2022 Economics Question 20
Practice objective / multiple choice question 20 from the 2022 Post Utme Uniosun Economics examination.
A firm faces the following demand and supply schedules for a commodity:\n\n| Price | Quantity Demanded | Quantity Supplied |\n| --- | --- | --- |\n| ₦100 | 100 units | 0 units |\n| ₦120 | 80 units | 20 units |\n| ₦150 | 60 units | 40 units |\n| ₦180 | 40 units | 60 units |\n| ₦200 | 20 units | 80 units |\n| ₦250 | 0 units | 100 units |\n\nWhat is the equilibrium price and quantity?
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About This Question
This is Post Utme Uniosun 2022 Economics Question 20. It is one of the objective questions from the 2022 Post Utme Uniosun Economics examination.
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