Post Utme Aaua 2024 Economics Question 46

Practice objective / multiple choice question 46 from the 2024 Post Utme Aaua Economics examination.

Post Utme Aaua 2024 Economics Objective / Multiple Choice
Question 46 POST_UTME_AAUA • 2024 • ECONOMICS • objective

A firm's marginal \cost (MC) curve intersects its average revenue (AR) curve at a point where the price is ₦100. If the firm's demand curve is given by the equation Q = 100 - 2P, what is the firm's optimal output level?

Answer Options

A. 10 units
Correct Answer B. 20 units
C. 30 units
D. 40 units
Correct Answer
B
Correct Option:
20 units

About This Question

This is Post Utme Aaua 2024 Economics Question 46. It is one of the objective questions from the 2024 Post Utme Aaua Economics examination.

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