Post Utme Futo 2020 Economics Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Futo Economics examination.

Post Utme Futo 2020 Economics Objective / Multiple Choice
Question 28 POST_UTME_FUTO • 2020 • ECONOMICS • objective

A firm's demand curve for a particular input is given by Q = 100 - 2P, where Q is the quantity demanded and P is the price of the input. If the firm's current price is 20, what is the quantity demanded?

Answer Options

Correct Answer A. 40
B. 60
C. 80
D. 100
Correct Answer
A
Correct Option:
40

About This Question

This is Post Utme Futo 2020 Economics Question 28. It is one of the objective questions from the 2020 Post Utme Futo Economics examination.

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