Post Utme Lead City University 2021 Economics Question 2
Practice objective / multiple choice question 2 from the 2021 Post Utme Lead City University Economics examination.
A firm's demand for labor is given by the equation L = 1000 - 2P, where L is labor and P is price. If the price of labor increases by 10%, what is the percentage change in labor demand?
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About This Question
This is Post Utme Lead City University 2021 Economics Question 2. It is one of the objective questions from the 2021 Post Utme Lead City University Economics examination.
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