Post Utme Uniosun 2025 Economics Question 38

Practice objective / multiple choice question 38 from the 2025 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2025 Economics Objective / Multiple Choice
Question 38 POST_UTME_UNIOSUN • 2025 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the firm's supply function is given by Q = 2P - 100, what is the equilibrium price and quantity?

Answer Options

A. P = ₦50, Q = 50
Correct Answer B. P = ₦75, Q = 75
C. P = ₦100, Q = 100
D. P = ₦125, Q = 125
Correct Answer
B
Correct Option:
P = ₦75, Q = 75

About This Question

This is Post Utme Uniosun 2025 Economics Question 38. It is one of the objective questions from the 2025 Post Utme Uniosun Economics examination.

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