Post Utme Unn 2022 Economics Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Unn Economics examination.

Post Utme Unn 2022 Economics Objective / Multiple Choice
Question 13 POST_UTME_UNN • 2022 • ECONOMICS • objective

The government of Nigeria is considering a policy to increase the price of a commodity from ₦100 to ₦150. If the demand for the commodity is given by the equation Qd = 100 - 2P, where Qd is the quantity demanded and P is the price, what is the new quantity demanded?

Answer Options

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

About This Question

This is Post Utme Unn 2022 Economics Question 13. It is one of the objective questions from the 2022 Post Utme Unn Economics examination.

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