Post Utme Uniben 2025 Economics Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Uniben Economics examination.

Post Utme Uniben 2025 Economics Objective / Multiple Choice
Question 4 POST_UTME_UNIBEN • 2025 • ECONOMICS • objective

A country's import demand function is given by M = 100 - 2Y + 3P, where M is imports, Y is income, and P is the price of imports. If the price of imports is 50 and income is 1000, what is the quantity of imports demanded?

Answer Options

A. 200
B. 300
Correct Answer C. 400
D. 500
Correct Answer
C
Correct Option:
400

About This Question

This is Post Utme Uniben 2025 Economics Question 4. It is one of the objective questions from the 2025 Post Utme Uniben Economics examination.

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