Post Utme Esut 2019 Economics Question 35
Practice objective / multiple choice question 35 from the 2019 Post Utme Esut Economics examination.
A consumer has a budget of ₦500 and faces a price of ₦100 for a good. If the consumer's income elasticity of demand for the good is 0.5, what is the percentage change in the quantity demanded of the good?
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About This Question
This is Post Utme Esut 2019 Economics Question 35. It is one of the objective questions from the 2019 Post Utme Esut Economics examination.
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