Post Utme Ims U 2018 Economics Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Ims U Economics examination.

Post Utme Ims U 2018 Economics Objective / Multiple Choice
Question 13 POST_UTME_IMS_U • 2018 • ECONOMICS • objective

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

Answer Options

A. 40
Correct Answer B. 60
C. 80
D. 100
Correct Answer
B
Correct Option:
60

About This Question

This is Post Utme Ims U 2018 Economics Question 13. It is one of the objective questions from the 2018 Post Utme Ims U Economics examination.

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