Post Utme Unn 2021 Economics Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Unn Economics examination.

Post Utme Unn 2021 Economics Objective / Multiple Choice
Question 36 POST_UTME_UNN • 2021 • ECONOMICS • objective

A firm faces a demand curve given by Q = 100 - 2P and a supply curve given by Q = 2P - 10. Find the equilibrium price and quantity u\sing the Marshallian cross.

Answer Options

A. ₦20
Correct Answer B. ₦30
C. ₦40
D. ₦50
Correct Answer
B
Correct Option:
₦30

About This Question

This is Post Utme Unn 2021 Economics Question 36. It is one of the objective questions from the 2021 Post Utme Unn Economics examination.

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