Post Utme Igbinedion University 2019 Economics Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2019 Economics Objective / Multiple Choice
Question 37 POST_UTME_IGBINEDION_UNIVERSITY • 2019 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P + 3X, where Q is the quantity demanded, P is the price, and X is an exogenous variable. If the price is ₦50 and the exogenous variable is 10, calculate the quantity demanded.

Answer Options

A. 20
B. 30
Correct Answer C. 40
D. 50
Correct Answer
C
Correct Option:
40

About This Question

This is Post Utme Igbinedion University 2019 Economics Question 37. It is one of the objective questions from the 2019 Post Utme Igbinedion University Economics examination.

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