Post Utme Wellspring University 2022 Commerce Question 24

Practice objective / multiple choice question 24 from the 2022 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2022 Commerce Objective / Multiple Choice
Question 24 POST_UTME_WELLSPRING_UNIVERSITY • 2022 • COMMERCE • objective

A firm's supply function is given by P = 2Q + 10, where P is price and Q is quantity. If the firm is currently producing 5 units, what is the price?

Answer Options

A. 15
Correct Answer B. 20
C. 25
D. 30
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Wellspring University 2022 Commerce Question 24. It is one of the objective questions from the 2022 Post Utme Wellspring University Commerce examination.

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