Post Utme Rhema University 2023 Economics Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2023 Economics Objective / Multiple Choice
Question 34 POST_UTME_RHEMA_UNIVERSITY • 2023 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P. If the firm's current price is 20, what is the firm's current quantity demanded?

Answer Options

A. 40
Correct Answer B. 60
C. 80
D. 100
Correct Answer
B
Correct Option:
60

About This Question

This is Post Utme Rhema University 2023 Economics Question 34. It is one of the objective questions from the 2023 Post Utme Rhema University Economics examination.

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