Post Utme Ims U 2017 Economics Question 39

Practice objective / multiple choice question 39 from the 2017 Post Utme Ims U Economics examination.

Post Utme Ims U 2017 Economics Objective / Multiple Choice
Question 39 POST_UTME_IMS_U • 2017 • ECONOMICS • objective

A government is considering a policy to reduce the price of a good from ₦10 to ₦8. If the demand for the good is given by the equation \( Q = 100 - 5P \), where (P) is the price, what is the new quantity demanded?

Answer Options

A. 50
B. 60
C. 70
Correct Answer D. 80
Correct Answer
D
Correct Option:
80

About This Question

This is Post Utme Ims U 2017 Economics Question 39. It is one of the objective questions from the 2017 Post Utme Ims U Economics examination.

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