Post Utme Lautech 2023 Economics Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Lautech Economics examination.

Post Utme Lautech 2023 Economics Objective / Multiple Choice
Question 15 POST_UTME_LAUTECH • 2023 • ECONOMICS • objective

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

Answer Options

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

About This Question

This is Post Utme Lautech 2023 Economics Question 15. It is one of the objective questions from the 2023 Post Utme Lautech Economics examination.

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