Post Utme Eksu 2023 Economics Question 11
Practice objective / multiple choice question 11 from the 2023 Post Utme Eksu Economics examination.
A perfectly competitive market has a downward-sloping demand curve. If the market price falls from ₦100 to ₦80, and the quantity demanded increases from 100 units to 120 units, what is the price elasticity of demand?
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About This Question
This is Post Utme Eksu 2023 Economics Question 11. It is one of the objective questions from the 2023 Post Utme Eksu Economics examination.
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