Post Utme Nile University 2020 Commerce Question 22
Practice objective / multiple choice question 22 from the 2020 Post Utme Nile University Commerce examination.
A firm is considering the introduction of a new product. The product's demand is given by the equation Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the firm wants to maximize its revenue, what price should it charge for the product?
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About This Question
This is Post Utme Nile University 2020 Commerce Question 22. It is one of the objective questions from the 2020 Post Utme Nile University Commerce examination.
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