Post Utme Igbinedion University 2020 Economics Question 40
Practice objective / multiple choice question 40 from the 2020 Post Utme Igbinedion University Economics examination.
A firm's demand for a product is given by Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the price of the product increases by 20%, what is the percentage change in the quantity demanded?
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About This Question
This is Post Utme Igbinedion University 2020 Economics Question 40. It is one of the objective questions from the 2020 Post Utme Igbinedion University Economics examination.
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