Post Utme Veritas University 2017 Commerce Question 27
Practice objective / multiple choice question 27 from the 2017 Post Utme Veritas University Commerce examination.
A firm's demand function is given by the equation ( P = 100 - 2Q ), where P is the price and Q is the quantity demanded. If the firm increases the price by 10%, what is the percentage change in the quantity demanded?
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About This Question
This is Post Utme Veritas University 2017 Commerce Question 27. It is one of the objective questions from the 2017 Post Utme Veritas University Commerce examination.
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