Post Utme Achievers University 2018 Economics Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2018 Economics Objective / Multiple Choice
Question 13 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • ECONOMICS • objective

A monopoly firm is producing a product with a demand function P = 100 - 2Q. If the firm's marginal \cost is 20, what is the profit-maximizing quantity?

Answer Options

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

About This Question

This is Post Utme Achievers University 2018 Economics Question 13. It is one of the objective questions from the 2018 Post Utme Achievers University Economics examination.

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