Post Utme Babcock University 2025 Commerce Question 33
Practice objective / multiple choice question 33 from the 2025 Post Utme Babcock University Commerce examination.
A consumer has a budget constraint of 100 and a demand function for a good given by Q = 2 - 0.5P, where Q is quantity demanded and P is price. If the consumer's income is 100 and the price of the good is 20, what is the consumer's optimal quantity demanded?
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This is Post Utme Babcock University 2025 Commerce Question 33. It is one of the objective questions from the 2025 Post Utme Babcock University Commerce examination.
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