Post Utme Coal City University 2018 Commerce Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2018 Commerce Objective / Multiple Choice
Question 33 POST_UTME_COAL_CITY_UNIVERSITY • 2018 • COMMERCE • objective

A country's import demand function is given by M = 100 - 2Y, where M is the quantity imported and Y is the country's income. If the country's income is ₦100,000, what is the quantity imported?

Answer Options

A. ₦50,000
B. ₦100,000
C. ₦150,000
Correct Answer D. ₦200,000
Correct Answer
D
Correct Option:
₦200,000

About This Question

This is Post Utme Coal City University 2018 Commerce Question 33. It is one of the objective questions from the 2018 Post Utme Coal City University Commerce examination.

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