Post Utme Summit University 2019 General Studies Question 23
Practice objective / multiple choice question 23 from the 2019 Post Utme Summit University General Studies examination.
A company wants to determine the optimal price for its product. The demand equation is given by ( Q = 100 - 2P ), where ( Q ) is the quantity demanded and ( P ) is the price. What is the price at which the quantity demanded is maximized?
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About This Question
This is Post Utme Summit University 2019 General Studies Question 23. It is one of the objective questions from the 2019 Post Utme Summit University General Studies examination.
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