Post Utme Rsu 2023 Economics Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Rsu Economics examination.

Post Utme Rsu 2023 Economics Objective / Multiple Choice
Question 24 POST_UTME_RSU • 2023 • ECONOMICS • objective

A consumer's demand function for a good is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the consumer's income is $100 and the price of the good is $5, what is the consumer's quantity demanded?

Answer Options

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

About This Question

This is Post Utme Rsu 2023 Economics Question 24. It is one of the objective questions from the 2023 Post Utme Rsu Economics examination.

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