Post Utme Coal City University 2023 Economics Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2023 Economics Objective / Multiple Choice
Question 32 POST_UTME_COAL_CITY_UNIVERSITY • 2023 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P. If the price of the good increases by 10%, what is the new quantity demanded?

Answer Options

A. 90
Correct Answer B. 80
C. 70
D. 60
Correct Answer
B
Correct Option:
80

About This Question

This is Post Utme Coal City University 2023 Economics Question 32. It is one of the objective questions from the 2023 Post Utme Coal City University Economics examination.

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