Post Utme Al Hikmah University 2020 Commerce Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2020 Commerce Objective / Multiple Choice
Question 24 POST_UTME_AL-HIKMAH_UNIVERSITY • 2020 • COMMERCE • objective

A company's demand function is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the price is 20, what is the quantity demanded?

Answer Options

A. 60
Correct Answer B. 80
C. 100
D. 120
Correct Answer
B
Correct Option:
80

About This Question

This is Post Utme Al Hikmah University 2020 Commerce Question 24. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Commerce examination.

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