Post Utme Lasu 2018 Economics Question 22

Practice objective / multiple choice question 22 from the 2018 Post Utme Lasu Economics examination.

Post Utme Lasu 2018 Economics Objective / Multiple Choice
Question 22 POST_UTME_LASU • 2018 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P + 3X, where Q is the quantity demanded, P is the price, and X is the income. If the price is ₦50 and the income is ₦10,000, what is the quantity demanded?

Answer Options

A. 50
B. 75
Correct Answer C. 100
D. 125
Correct Answer
C
Correct Option:
100

About This Question

This is Post Utme Lasu 2018 Economics Question 22. It is one of the objective questions from the 2018 Post Utme Lasu Economics examination.

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