Post Utme Delsu 2021 Economics Question 2

Practice objective / multiple choice question 2 from the 2021 Post Utme Delsu Economics examination.

Post Utme Delsu 2021 Economics Objective / Multiple Choice
Question 2 POST_UTME_DELSU • 2021 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P + 3I, where Q is the quantity demanded, P is the price, and I is the income. If the price is $10 and the income is $500, calculate the quantity demanded.

Answer Options

A. 50
B. 75
Correct Answer C. 100
D. 125
Correct Answer
C
Correct Option:
100

About This Question

This is Post Utme Delsu 2021 Economics Question 2. It is one of the objective questions from the 2021 Post Utme Delsu Economics examination.

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