Post Utme Al Hikmah University 2025 Economics Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2025 Economics Objective / Multiple Choice
Question 39 POST_UTME_AL-HIKMAH_UNIVERSITY • 2025 • ECONOMICS • objective

A consumer's demand function for a good is given by Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the price of the good increases by 20%, what is the new quantity demanded?

Answer Options

A. 80
B. 90
C. 100
Correct Answer D. 110
Correct Answer
D
Correct Option:
110

About This Question

This is Post Utme Al Hikmah University 2025 Economics Question 39. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Economics examination.

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