Post Utme Abu 2025 Commerce Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Abu Commerce examination.

Post Utme Abu 2025 Commerce Objective / Multiple Choice
Question 13 POST_UTME_ABU • 2025 • COMMERCE • objective

A firm is considering entering a new market. The market demand curve is given by Qd = 100 - 2P, where Qd is the quantity demanded and P is the price. If the firm's marginal cost (MC) is ₦20, what is the maximum price it can charge?

Answer Options

A. ₦40
Correct Answer B. ₦50
C. ₦60
D. ₦70
Correct Answer
B
Correct Option:
₦50

About This Question

This is Post Utme Abu 2025 Commerce Question 13. It is one of the objective questions from the 2025 Post Utme Abu Commerce examination.

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