Post Utme Covenant University 2025 Economics Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2025 Economics Objective / Multiple Choice
Question 3 POST_UTME_COVENANT_UNIVERSITY • 2025 • ECONOMICS • objective

The demand for a commodity is given by the equation Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the price is increased by 10%, what is the new quantity demanded?

Answer Options

A. 80
Correct Answer B. 90
C. 100
D. 110
Correct Answer
B
Correct Option:
90

About This Question

This is Post Utme Covenant University 2025 Economics Question 3. It is one of the objective questions from the 2025 Post Utme Covenant University Economics examination.

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