Post Utme Aaua 2021 Economics Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Aaua Economics examination.

Post Utme Aaua 2021 Economics Objective / Multiple Choice
Question 25 POST_UTME_AAUA • 2021 • ECONOMICS • objective

A firm's demand curve is given by Q = 100 - 2P, where Q is quantity demanded and P is price. If the firm's marginal revenue is $5, what is the optimal price?

Answer Options

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

About This Question

This is Post Utme Aaua 2021 Economics Question 25. It is one of the objective questions from the 2021 Post Utme Aaua Economics examination.

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