Post Utme Elizade University 2025 Commerce Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2025 Commerce Objective / Multiple Choice

Question 25 POST_UTME_ELIZADE_UNIVERSITY • 2025 • COMMERCE • objective

A firm's demand function is given by D(p) = 100 - 2p. What is the inverse demand function?

Answer Options

Correct Answer A. p(x) = 50 - x/2

B. p(x) = 50 + x/2

C. p(x) = 50 - 2x

D. p(x) = 50 + 2x

Correct Answer

Correct Option:

p(x) = 50 - x/2

About This Question

This is Post Utme Elizade University 2025 Commerce Question 25. It is one of the objective questions from the 2025 Post Utme Elizade University Commerce examination.

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