Post Utme Uniosun 2023 Economics Question 21

Practice objective / multiple choice question 21 from the 2023 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2023 Economics Objective / Multiple Choice
Question 21 POST_UTME_UNIOSUN • 2023 • ECONOMICS • objective

The demand for a product is given by the equation Qd = 100 - 2P, where Qd is the quantity demanded and P is the price. If the price is increased by 10%, what will be the new quantity demanded?

Answer Options

A. 90
Correct Answer B. 80
C. 70
D. 60
Correct Answer
B
Correct Option:
80

About This Question

This is Post Utme Uniosun 2023 Economics Question 21. It is one of the objective questions from the 2023 Post Utme Uniosun Economics examination.

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