Post Utme Coal City University 2025 Economics Question 30

Practice objective / multiple choice question 30 from the 2025 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2025 Economics Objective / Multiple Choice
Question 30 POST_UTME_COAL_CITY_UNIVERSITY • 2025 • ECONOMICS • objective

The demand for a product is given by Qd = 100 - 2P, where Qd is the quantity demanded and P is the price. If the price is increased from ₦50 to ₦75, what is the percentage change in quantity demanded?

Answer Options

Correct Answer A. -20%
B. -10%
C. 10%
D. 20%
Correct Answer
A
Correct Option:
-20%

About This Question

This is Post Utme Coal City University 2025 Economics Question 30. It is one of the objective questions from the 2025 Post Utme Coal City University Economics examination.

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