Post Utme Futa 2025 Commerce Question 40

Practice objective / multiple choice question 40 from the 2025 Post Utme Futa Commerce examination.

Post Utme Futa 2025 Commerce Objective / Multiple Choice
Question 40 POST_UTME_FUTA • 2025 • COMMERCE • objective

A firm's demand function is given by p = 10 - 0.1q. What is the firm's inverse demand function?

Answer Options

Correct Answer A. q = \frac{10 - p}{0.1}
B. q = 10 - p
C. p = 10 - 0.1q
D. p = 10 + 0.1q
Correct Answer
A
Correct Option:
q = \frac{10 - p}{0.1}

About This Question

This is Post Utme Futa 2025 Commerce Question 40. It is one of the objective questions from the 2025 Post Utme Futa Commerce examination.

View More Post Utme Futa 2025 Commerce Questions More Post Utme Futa Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support