Post Utme Aaua 2023 Economics Question 33

Practice objective / multiple choice question 33 from the 2023 Post Utme Aaua Economics examination.

Post Utme Aaua 2023 Economics Objective / Multiple Choice
Question 33 POST_UTME_AAUA • 2023 • ECONOMICS • objective

A firm's demand function is given by Q = 100 - 2P. If the firm's marginal \cost (MC) is 10, find the optimal price.

Answer Options

A. ₦20
Correct Answer B. ₦30
C. ₦40
D. ₦50
Correct Answer
B
Correct Option:
₦30

About This Question

This is Post Utme Aaua 2023 Economics Question 33. It is one of the objective questions from the 2023 Post Utme Aaua Economics examination.

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