Post Utme Madonna University 2023 Economics Question 24
Practice objective / multiple choice question 24 from the 2023 Post Utme Madonna University Economics examination.
A firm's demand function is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the firm increases price from ₦50 to ₦60, calculate the percentage change in quantity demanded.
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About This Question
This is Post Utme Madonna University 2023 Economics Question 24. It is one of the objective questions from the 2023 Post Utme Madonna University Economics examination.
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