Post Utme Uniosun 2021 Commerce Question 14
Practice objective / multiple choice question 14 from the 2021 Post Utme Uniosun Commerce examination.
A firm's demand for labor is given by the following equation: L = 100 - 2P, where L is labor and P is the wage rate. If the wage rate increases by 10%, what is the percentage change in labor demand?
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About This Question
This is Post Utme Uniosun 2021 Commerce Question 14. It is one of the objective questions from the 2021 Post Utme Uniosun Commerce examination.
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