Post Utme Eksu 2018 Commerce Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Eksu Commerce examination.

Post Utme Eksu 2018 Commerce Objective / Multiple Choice
Question 24 POST_UTME_EKSU • 2018 • COMMERCE • objective

A firm's demand function is given by Q = 100 - 2P. If the firm's price 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 Eksu 2018 Commerce Question 24. It is one of the objective questions from the 2018 Post Utme Eksu Commerce examination.

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