Post Utme Uniben 2017 Economics Question 28

Practice objective / multiple choice question 28 from the 2017 Post Utme Uniben Economics examination.

Post Utme Uniben 2017 Economics Objective / Multiple Choice
Question 28 POST_UTME_UNIBEN • 2017 • ECONOMICS • objective

A firm's demand for labor is given by L = 100 - 2P, where P is the wage rate. If the wage rate is ₦20, what is the firm's demand for labor?

Answer Options

A. 50
Correct Answer B. 60
C. 70
D. 80
Correct Answer
B
Correct Option:
60

About This Question

This is Post Utme Uniben 2017 Economics Question 28. It is one of the objective questions from the 2017 Post Utme Uniben Economics examination.

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