Post Utme Aaua 2023 Economics Question 39

Practice objective / multiple choice question 39 from the 2023 Post Utme Aaua Economics examination.

Post Utme Aaua 2023 Economics Objective / Multiple Choice
Question 39 POST_UTME_AAUA • 2023 • ECONOMICS • objective

A firm's elasticity of demand is given by E(q) = 2q^2 + 10q + 5. If the firm's price is P = 100, find the quantity of output.

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Aaua 2023 Economics Question 39. It is one of the objective questions from the 2023 Post Utme Aaua Economics examination.

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