Post Utme Wellspring University 2019 Commerce Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2019 Commerce Objective / Multiple Choice
Question 5 POST_UTME_WELLSPRING_UNIVERSITY • 2019 • COMMERCE • objective

A firm's demand function is given by Q = 100 - 2P. If the firm's current price is 20, what is the quantity demanded?

Answer Options

A. 40
Correct Answer B. 60
C. 80
D. 100
Correct Answer
B
Correct Option:
60

About This Question

This is Post Utme Wellspring University 2019 Commerce Question 5. It is one of the objective questions from the 2019 Post Utme Wellspring University Commerce examination.

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