Post Utme Rhema University 2020 Economics Question 4
Practice objective / multiple choice question 4 from the 2020 Post Utme Rhema University Economics examination.
A consumer's demand function for a good is given by Q = 100 - 2P, where P is the price of the good. If the consumer's income is ₦100 and the price of the good is ₦10, calculate the consumer's elasticity of demand.
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About This Question
This is Post Utme Rhema University 2020 Economics Question 4. It is one of the objective questions from the 2020 Post Utme Rhema University Economics examination.
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