Post Utme Igbinedion University 2021 Economics Question 8
Practice objective / multiple choice question 8 from the 2021 Post Utme Igbinedion University Economics examination.
A firm's demand function is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the firm's marginal revenue is ₦50, calculate the price elasticity of demand.
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About This Question
This is Post Utme Igbinedion University 2021 Economics Question 8. It is one of the objective questions from the 2021 Post Utme Igbinedion University Economics examination.
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