Post Utme Joseph Ayo Babalola University 2022 Economics Question 8

Practice objective / multiple choice question 8 from the 2022 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2022 Economics Objective / Multiple Choice
Question 8 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2022 • ECONOMICS • objective

A consumer's demand for a good is given by the demand function Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the price of the good is $10, how many units will the consumer demand?

Answer Options

A. 20
Correct Answer B. 30
C. 40
D. 50
Correct Answer
B
Correct Option:
30

About This Question

This is Post Utme Joseph Ayo Babalola University 2022 Economics Question 8. It is one of the objective questions from the 2022 Post Utme Joseph Ayo Babalola University Economics examination.

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