Post Utme Rhema University 2020 Economics Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2020 Economics Objective / Multiple Choice
Question 10 POST_UTME_RHEMA_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P. If the firm's output is 60 units, then the price at which the firm should sell the output is

Answer Options

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

About This Question

This is Post Utme Rhema University 2020 Economics Question 10. It is one of the objective questions from the 2020 Post Utme Rhema University Economics examination.

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