Post Utme Bsu 2023 Economics Question 16
Practice objective / multiple choice question 16 from the 2023 Post Utme Bsu Economics examination.
A firm's demand function is given by Q = 100 - 2P + 3Y, where Q is the quantity demanded, P is the price, and Y is the income. If the price elasticity of demand is -2, what is the cross-price elasticity of demand with respect to income?
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About This Question
This is Post Utme Bsu 2023 Economics Question 16. It is one of the objective questions from the 2023 Post Utme Bsu Economics examination.
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