Post Utme Al Hikmah University 2020 Economics Question 19
Practice objective / multiple choice question 19 from the 2020 Post Utme Al Hikmah University Economics examination.
A consumer's demand function for a good is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the price of the good increases from ₦50 to ₦75, what is the elasticity of demand?
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This is Post Utme Al Hikmah University 2020 Economics Question 19. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Economics examination.
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