Post Utme Achievers University 2020 Economics Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2020 Economics Objective / Multiple Choice
Question 23 POST_UTME_ACHIEVERS_UNIVERSITY • 2020 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P. If the marginal \cost is ₦50, what is the optimal price?

Answer Options

Correct Answer A. ₦25
B. ₦50
C. ₦75
D. ₦100
Correct Answer
A
Correct Option:
₦25

About This Question

This is Post Utme Achievers University 2020 Economics Question 23. It is one of the objective questions from the 2020 Post Utme Achievers University Economics examination.

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