Post Utme Uniport 2021 Economics Question 48

Practice objective / multiple choice question 48 from the 2021 Post Utme Uniport Economics examination.

Post Utme Uniport 2021 Economics Objective / Multiple Choice
Question 48 POST_UTME_UNIPORT • 2021 • ECONOMICS • objective

A firm's demand curve is given by Q = 100 - 2P, where Q is the quantity demanded and P is the price. If the firm's revenue is ₦1000, what is the price?

Answer Options

A. ₦50
B. ₦75
Correct Answer C. ₦100
D. ₦125
Correct Answer
C
Correct Option:
₦100

About This Question

This is Post Utme Uniport 2021 Economics Question 48. It is one of the objective questions from the 2021 Post Utme Uniport Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support