Post Utme Mountain Top University 2021 Economics Question 13

Practice objective / multiple choice question 13 from the 2021 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2021 Economics Objective / Multiple Choice
Question 13 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P. If the price of the good is $20, what is the quantity demanded?

Answer Options

A. 40 units
Correct Answer B. 60 units
C. 80 units
D. 100 units
Correct Answer
B
Correct Option:
60 units

About This Question

This is Post Utme Mountain Top University 2021 Economics Question 13. It is one of the objective questions from the 2021 Post Utme Mountain Top University Economics examination.

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