Post Utme Osustech 2021 Economics Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Osustech Economics examination.

Post Utme Osustech 2021 Economics Objective / Multiple Choice
Question 34 POST_UTME_OSUSTECH • 2021 • ECONOMICS • objective

A firm's demand function is given by the equation \( Q = 100 - 2P \), where ( P ) is the price. If the price is ₦50, what is the quantity demanded?

Answer Options

A. 20 units
Correct Answer B. 30 units
C. 40 units
D. 50 units
Correct Answer
B
Correct Option:
30 units

About This Question

This is Post Utme Osustech 2021 Economics Question 34. It is one of the objective questions from the 2021 Post Utme Osustech Economics examination.

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