Post Utme Abu 2025 Commerce Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Abu Commerce examination.

Post Utme Abu 2025 Commerce Objective / Multiple Choice
Question 14 POST_UTME_ABU • 2025 • COMMERCE • objective

A company is considering launching a new product. The product's demand curve is given by Qd = 100 - 2P, where Qd is the quantity demanded and P is the price. If the company'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 14. It is one of the objective questions from the 2025 Post Utme Abu Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support