Post Utme Unilag 2025 Economics Question 35
Practice objective / multiple choice question 35 from the 2025 Post Utme Unilag Economics examination.
A firm's demand function is given by Qd = 100 - 2P + 3Y, where Qd is the quantity demanded, P is the price, and Y is the income. If the price is 20 and the income is 50, what is the price elasticity of demand?
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This is Post Utme Unilag 2025 Economics Question 35. It is one of the objective questions from the 2025 Post Utme Unilag Economics examination.
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