Post Utme Uniport 2021 Economics Question 3
Practice objective / multiple choice question 3 from the 2021 Post Utme Uniport Economics examination.
A firm's demand function is given by \( Q = 100 - 2P \), where Q is the quantity demanded and P is the price. If the firm's marginal revenue (MR) is 20, what is the value of its price elasticity of demand?
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About This Question
This is Post Utme Uniport 2021 Economics Question 3. It is one of the objective questions from the 2021 Post Utme Uniport Economics examination.
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