Let the quantity demanded in units of a particular commodity be represented as Qd = 80 - 2P, find the quantity demanded when P = ₦3.

  • A 70
  • B 47
  • C 74
  • D 40

The correct answer is C. 74

Qd = 80 - 2P

When P = 3

Qd = 80 - 2(3)

Qd = 80 - 6

Qd = 74

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