Post Utme Veritas University 2019 Economics Question 34

Practice objective / multiple choice question 34 from the 2019 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2019 Economics Objective / Multiple Choice
Question 34 POST_UTME_VERITAS_UNIVERSITY • 2019 • ECONOMICS • objective

A firm's supply curve is given by Q = 2P + 10. If the price elasticity of supply is calculated at a price of ₦20, the value of the elasticity is

Answer Options

A. 0.5
Correct Answer B. 1
C. 2
D. 3
Correct Answer
B
Correct Option:
1

About This Question

This is Post Utme Veritas University 2019 Economics Question 34. It is one of the objective questions from the 2019 Post Utme Veritas University Economics examination.

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