Post Utme Bsu 2019 Economics Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Bsu Economics examination.

Post Utme Bsu 2019 Economics Objective / Multiple Choice
Question 25 POST_UTME_BSU • 2019 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the price is increased from ₦10 to ₦15, what is the new quantity demanded?

Answer Options

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

About This Question

This is Post Utme Bsu 2019 Economics Question 25. It is one of the objective questions from the 2019 Post Utme Bsu Economics examination.

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