Post Utme Summit University 2020 Economics Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Summit University Economics examination.

Post Utme Summit University 2020 Economics Objective / Multiple Choice
Question 23 POST_UTME_SUMMIT_UNIVERSITY • 2020 • 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. 60
Correct Answer B. 80
C. 90
D. 100
Correct Answer
B
Correct Option:
80

About This Question

This is Post Utme Summit University 2020 Economics Question 23. It is one of the objective questions from the 2020 Post Utme Summit University Economics examination.

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