Post Utme Nile University 2017 Economics Question 5

Practice objective / multiple choice question 5 from the 2017 Post Utme Nile University Economics examination.

Post Utme Nile University 2017 Economics Objective / Multiple Choice
Question 5 POST_UTME_NILE_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's demand curve is given by Q = 100 - 2P. If the firm's output is 20 units, what is its price?

Answer Options

A. ₦20
Correct Answer B. ₦30
C. ₦40
D. ₦50
Correct Answer
B
Correct Option:
₦30

About This Question

This is Post Utme Nile University 2017 Economics Question 5. It is one of the objective questions from the 2017 Post Utme Nile University Economics examination.

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