Post Utme Aaua 2020 Economics Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Aaua Economics examination.

Post Utme Aaua 2020 Economics Objective / Multiple Choice
Question 38 POST_UTME_AAUA • 2020 • ECONOMICS • objective

The demand function for a product is given by Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the price is increased by 10%, what is the new quantity demanded?

Answer Options

A. 80
B. 90
C. 100
Correct Answer D. 110
Correct Answer
D
Correct Option:
110

About This Question

This is Post Utme Aaua 2020 Economics Question 38. It is one of the objective questions from the 2020 Post Utme Aaua Economics examination.

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