Post Utme Coal City University 2025 Economics Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2025 Economics Objective / Multiple Choice
Question 7 POST_UTME_COAL_CITY_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P + 3X, where Q is the quantity demanded, P is the price, and X is an exogenous variable. If the price is ₦50 and the exogenous variable is 10, what is the quantity demanded?

Answer Options

A. 20
B. 40
Correct Answer C. 60
D. 80
Correct Answer
C
Correct Option:
60

About This Question

This is Post Utme Coal City University 2025 Economics Question 7. It is one of the objective questions from the 2025 Post Utme Coal City University Economics examination.

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