Post Utme Aaua 2018 Economics Question 7
Practice objective / multiple choice question 7 from the 2018 Post Utme Aaua Economics examination.
A firm's demand function is given by Q = 100 - 2P + 3X, where Q is the quantity demanded, P is the price, and X is an exogenous variable. If the price elasticity of demand is -2 and X = 10, what is the rate of change of quantity demanded with respect to price?
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About This Question
This is Post Utme Aaua 2018 Economics Question 7. It is one of the objective questions from the 2018 Post Utme Aaua Economics examination.
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