Post Utme Nile University 2024 Economics Question 37

Practice objective / multiple choice question 37 from the 2024 Post Utme Nile University Economics examination.

Post Utme Nile University 2024 Economics Objective / Multiple Choice
Question 37 POST_UTME_NILE_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's demand curve is given by the equation Qd = 100 - 2P, where Qd is the quantity demanded and P is the price. If the price is increased by 10%, what is the new quantity demanded?

Answer Options

A. 80
Correct Answer B. 90
C. 100
D. 110
Correct Answer
B
Correct Option:
90

About This Question

This is Post Utme Nile University 2024 Economics Question 37. It is one of the objective questions from the 2024 Post Utme Nile University Economics examination.

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