Post Utme Uniben 2021 Economics Question 4

Practice objective / multiple choice question 4 from the 2021 Post Utme Uniben Economics examination.

Post Utme Uniben 2021 Economics Objective / Multiple Choice
Question 4 POST_UTME_UNIBEN • 2021 • ECONOMICS • objective

A firm's demand function is given by the equation \( Q = 100 - 2P \), where ( Q ) is the quantity demanded and ( P ) is the price. If the price is ₦50, what is the quantity demanded?

Answer Options

A. 20
Correct Answer B. 30
C. 40
D. 50
Correct Answer
B
Correct Option:
30

About This Question

This is Post Utme Uniben 2021 Economics Question 4. It is one of the objective questions from the 2021 Post Utme Uniben Economics examination.

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