Post Utme Lautech 2021 Economics Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Lautech Economics examination.

Post Utme Lautech 2021 Economics Objective / Multiple Choice
Question 28 POST_UTME_LAUTECH • 2021 • 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 ₦50, calculate the quantity demanded.

Answer Options

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

About This Question

This is Post Utme Lautech 2021 Economics Question 28. It is one of the objective questions from the 2021 Post Utme Lautech Economics examination.

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