Post Utme Uniben 2021 Commerce Question 39
Practice objective / multiple choice question 39 from the 2021 Post Utme Uniben Commerce examination.
A firm's supply function is given by Q = 50 + 2P, where Q is the quantity supplied and P is the price. If the firm wants to increase its quantity supplied by 25%, what percentage increase in price is required?
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About This Question
This is Post Utme Uniben 2021 Commerce Question 39. It is one of the objective questions from the 2021 Post Utme Uniben Commerce examination.
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