Post Utme Babcock University 2019 Economics Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2019 Economics Objective / Multiple Choice
Question 14 POST_UTME_BABCOCK_UNIVERSITY • 2019 • ECONOMICS • objective

The demand for a product is given by Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the price is $20, how many units of the product will be demanded?

Answer Options

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

About This Question

This is Post Utme Babcock University 2019 Economics Question 14. It is one of the objective questions from the 2019 Post Utme Babcock 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