Post Utme Ui 2017 Commerce Question 20
Practice objective / multiple choice question 20 from the 2017 Post Utme Ui Commerce examination.
A consumer has a budget of ₦1000 and a demand function for a good given by p = 2x + 10, where p is the price and x is the quantity demanded. If the consumer's income is ₦1000, what is the price elasticity of demand?
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About This Question
This is Post Utme Ui 2017 Commerce Question 20. It is one of the objective questions from the 2017 Post Utme Ui Commerce examination.
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