Post Utme Wellspring University 2024 Commerce Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2024 Commerce Objective / Multiple Choice
Question 9 POST_UTME_WELLSPRING_UNIVERSITY • 2024 • COMMERCE • objective

A consumer has a budget constraint of 100 and a demand curve for a product given by the equation Q = 2P - 10. If the price of the product is 20, how many units of the product should the consumer buy?

Answer Options

A. 5 units
Correct Answer B. 10 units
C. 15 units
D. 20 units
Correct Answer
B
Correct Option:
10 units

About This Question

This is Post Utme Wellspring University 2024 Commerce Question 9. It is one of the objective questions from the 2024 Post Utme Wellspring University Commerce examination.

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