Post Utme Uniben 2021 Commerce Question 37
Practice objective / multiple choice question 37 from the 2021 Post Utme Uniben Commerce examination.
A firm's demand function is given by Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the firm wants to increase its revenue by 20%, what percentage increase in price is required?
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About This Question
This is Post Utme Uniben 2021 Commerce Question 37. It is one of the objective questions from the 2021 Post Utme Uniben Commerce examination.
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