Post Utme Bsu 2019 Economics Question 19

Practice objective / multiple choice question 19 from the 2019 Post Utme Bsu Economics examination.

Post Utme Bsu 2019 Economics Objective / Multiple Choice
Question 19 POST_UTME_BSU • 2019 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the price increases by 10%, 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 Bsu 2019 Economics Question 19. It is one of the objective questions from the 2019 Post Utme Bsu Economics examination.

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