Post Utme Abu 2022 Economics Question 37

Practice objective / multiple choice question 37 from the 2022 Post Utme Abu Economics examination.

Post Utme Abu 2022 Economics Objective / Multiple Choice
Question 37 POST_UTME_ABU • 2022 • ECONOMICS • objective

Determine the optimal price and output for a monopolist facing a demand curve given by Q = 100 - 2P, with a cons\tant marginal \cost of ₦50.

Answer Options

Correct Answer A. ₦75, 50 units
B. ₦100, 25 units
C. ₦50, 75 units
D. ₦200, 10 units
Correct Answer
A
Correct Option:
₦75, 50 units

About This Question

This is Post Utme Abu 2022 Economics Question 37. It is one of the objective questions from the 2022 Post Utme Abu Economics examination.

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