Post Utme Nile University 2020 Economics Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Nile University Economics examination.

Post Utme Nile University 2020 Economics Objective / Multiple Choice
Question 39 POST_UTME_NILE_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's demand for a good is given by the following equation: Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the price is ₦50, how many units of the good will the firm demand?

Answer Options

A. 50
Correct Answer B. 75
C. 100
D. 125
Correct Answer
B
Correct Option:
75

About This Question

This is Post Utme Nile University 2020 Economics Question 39. It is one of the objective questions from the 2020 Post Utme Nile University Economics examination.

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