At what price will a trader be ready to sell 6 oranges using the equilibrium

ECONOMICS
WAEC 1998

At what price will a trader be ready to sell 6 oranges using the equilibrium below. p = 1/2 q + 2. where p is price and q is quantity?

  • A. N3.00
  • B. N4.00
  • C. N5.00
  • D. N6.00

Correct Answer: C. N5.00



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