Post Utme Achievers University 2023 Economics Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2023 Economics Objective / Multiple Choice
Question 23 POST_UTME_ACHIEVERS_UNIVERSITY • 2023 • ECONOMICS • objective

The demand for a commodity is given by the equation Qd = 100 - 2P, where Qd is the quantity demanded and P is the price. If the price is 20, what is the quantity demanded?

Answer Options

A. 60
Correct Answer B. 70
C. 80
D. 90
Correct Answer
B
Correct Option:
70

About This Question

This is Post Utme Achievers University 2023 Economics Question 23. It is one of the objective questions from the 2023 Post Utme Achievers University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support