Post Utme Rhema University 2019 Commerce Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2019 Commerce Objective / Multiple Choice
Question 5 POST_UTME_RHEMA_UNIVERSITY • 2019 • COMMERCE • objective

A firm's demand curve is given by the equation Qd = 100 - 2P. If the price of the good is ₦50, what is the quantity demanded?

Answer Options

A. 50 units
Correct Answer B. 75 units
C. 100 units
D. 125 units
Correct Answer
B
Correct Option:
75 units

About This Question

This is Post Utme Rhema University 2019 Commerce Question 5. It is one of the objective questions from the 2019 Post Utme Rhema University Commerce examination.

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