Post Utme Joseph Ayo Babalola University 2024 Economics Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2024 Economics Objective / Multiple Choice
Question 25 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2024 • ECONOMICS • objective

A country's demand for a good is given by the equation Qd = 100 - 2P, where P is the price of the good. If the price of the good is $20, what is the quantity demanded?

Answer Options

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

About This Question

This is Post Utme Joseph Ayo Babalola University 2024 Economics Question 25. It is one of the objective questions from the 2024 Post Utme Joseph Ayo Babalola University Economics examination.

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