Post Utme Aaua 2019 Commerce Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Aaua Commerce examination.

Post Utme Aaua 2019 Commerce Objective / Multiple Choice
Question 20 POST_UTME_AAUA • 2019 • COMMERCE • objective

A firm's demand function is given by the equation Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the firm wants to increase revenue by 20%, what price should it charge?

Answer Options

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

About This Question

This is Post Utme Aaua 2019 Commerce Question 20. It is one of the objective questions from the 2019 Post Utme Aaua Commerce examination.

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