Post Utme Pan Atlantic University 2022 Economics Question 2
Practice objective / multiple choice question 2 from the 2022 Post Utme Pan Atlantic University Economics examination.
Suppose the Nigerian government implements a policy to increase the price of a commodity by 20%. If the demand for the commodity is given by the equation \( Q = 100 - 2P \), where ( Q ) is the quantity demanded and ( P ) is the price, what will be the new quantity demanded?
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About This Question
This is Post Utme Pan Atlantic University 2022 Economics Question 2. It is one of the objective questions from the 2022 Post Utme Pan Atlantic University Economics examination.
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