Post Utme Osustech 2020 Economics Question 32
Practice objective / multiple choice question 32 from the 2020 Post Utme Osustech Economics examination.
A consumer's demand function for a good is given by Q = 50 - 2P, where Q is quantity demanded and P is price. If the consumer's income is ₦1000 and the price of the good is ₦20, what is the consumer's optimal quantity?
Answer Options
About This Question
This is Post Utme Osustech 2020 Economics Question 32. It is one of the objective questions from the 2020 Post Utme Osustech Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.