Post Utme Achievers University 2020 Economics Question 5

Practice objective / multiple choice question 5 from the 2020 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2020 Economics Objective / Multiple Choice
Question 5 POST_UTME_ACHIEVERS_UNIVERSITY • 2020 • ECONOMICS • objective

A firm is a pure monopolist with a demand function Qd = 100 - 2P. If the firm's current price is ₦20, what is the firm's profit-maximizing quantity?

Answer Options

A. 50 units
Correct Answer B. 60 units
C. 70 units
D. 80 units
Correct Answer
B
Correct Option:
60 units

About This Question

This is Post Utme Achievers University 2020 Economics Question 5. It is one of the objective questions from the 2020 Post Utme Achievers University Economics examination.

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