Post Utme Achievers University 2019 Economics Question 2
Practice objective / multiple choice question 2 from the 2019 Post Utme Achievers University Economics examination.
A monopolist faces a demand curve given by Q = 100 - 2P. The firm's marginal revenue function is MR = 50 - 2Q. If the firm's fixed \cost is ₦500, what is the firm's optimal price?
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About This Question
This is Post Utme Achievers University 2019 Economics Question 2. It is one of the objective questions from the 2019 Post Utme Achievers University Economics examination.
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