Post Utme Veritas University 2023 Economics Question 34
Practice objective / multiple choice question 34 from the 2023 Post Utme Veritas University Economics examination.
A firm's demand function is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the firm's marginal revenue is 50, what is the price elasticity of demand?
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About This Question
This is Post Utme Veritas University 2023 Economics Question 34. It is one of the objective questions from the 2023 Post Utme Veritas University Economics examination.
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