Post Utme Aaua 2023 Economics Question 30

Practice objective / multiple choice question 30 from the 2023 Post Utme Aaua Economics examination.

Post Utme Aaua 2023 Economics Objective / Multiple Choice
Question 30 POST_UTME_AAUA • 2023 • ECONOMICS • objective

A firm's demand curve is given by \( Q = 100 - 2P \), where Q is the quantity demanded and P is the price. If the firm's marginal revenue is ₦50, what is the firm's optimal price?

Answer Options

A. ₦25
Correct Answer B. ₦30
C. ₦35
D. ₦40
Correct Answer
B
Correct Option:
₦30

About This Question

This is Post Utme Aaua 2023 Economics Question 30. It is one of the objective questions from the 2023 Post Utme Aaua Economics examination.

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