Post Utme Nile University 2022 Commerce Question 38
Practice objective / multiple choice question 38 from the 2022 Post Utme Nile University Commerce examination.
A firm's demand function is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the firm's revenue is 1,000 naira, what is the price elasticity of demand?
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About This Question
This is Post Utme Nile University 2022 Commerce Question 38. It is one of the objective questions from the 2022 Post Utme Nile University Commerce examination.
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