Post Utme Aaua 2023 Commerce Question 1
Practice objective / multiple choice question 1 from the 2023 Post Utme Aaua Commerce examination.
In a perfectly competitive market, the supply curve is represented by the equation ( Q = 100 + 2P ). If the price elasticity of demand is 0.5, what is the change in quantity demanded when the price increases by ₦10?
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This is Post Utme Aaua 2023 Commerce Question 1. It is one of the objective questions from the 2023 Post Utme Aaua Commerce examination.
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