Post Utme Ims U 2024 Economics Question 26

Practice objective / multiple choice question 26 from the 2024 Post Utme Ims U Economics examination.

Post Utme Ims U 2024 Economics Objective / Multiple Choice
Question 26 POST_UTME_IMS_U • 2024 • ECONOMICS • objective

A firm's demand function for a product is given by Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the firm's current price is ₦50, what is the firm's current quantity demanded?

Answer Options

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

About This Question

This is Post Utme Ims U 2024 Economics Question 26. It is one of the objective questions from the 2024 Post Utme Ims U Economics examination.

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