Post Utme Igbinedion University 2020 Economics Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2020 Economics Objective / Multiple Choice
Question 8 POST_UTME_IGBINEDION_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P. If the firm's current price is ₦20, calculate the firm's current quantity demanded.

Answer Options

A. 20 units
Correct Answer B. 40 units
C. 60 units
D. 80 units
Correct Answer
B
Correct Option:
40 units

About This Question

This is Post Utme Igbinedion University 2020 Economics Question 8. It is one of the objective questions from the 2020 Post Utme Igbinedion University Economics examination.

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