Post Utme Bells University 2017 Economics Question 29
Practice objective / multiple choice question 29 from the 2017 Post Utme Bells University Economics examination.
A country's export supply function is given by X = 100 + 2P - 3Y, where X is exports, P is the price of the exported good, and Y is the country's income. If the price of the exported good decreases by 15% and the country's income increases by 10%, what is the percentage change in exports?
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About This Question
This is Post Utme Bells University 2017 Economics Question 29. It is one of the objective questions from the 2017 Post Utme Bells University Economics examination.
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