Post Utme Al Hikmah University 2024 Economics Question 34

Practice objective / multiple choice question 34 from the 2024 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2024 Economics Objective / Multiple Choice
Question 34 POST_UTME_AL-HIKMAH_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P. If the firm's current price is ₦50, what is the optimal quantity to produce?

Answer Options

A. 50 units
Correct Answer B. 75 units
C. 100 units
D. 125 units
Correct Answer
B
Correct Option:
75 units

About This Question

This is Post Utme Al Hikmah University 2024 Economics Question 34. It is one of the objective questions from the 2024 Post Utme Al Hikmah University Economics examination.

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