Post Utme Achievers University 2025 Economics Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2025 Economics Objective / Multiple Choice
Question 13 POST_UTME_ACHIEVERS_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's supply function is given by Q = 2P^2 + 5P + 1, where P is the price of the good. If the firm's marginal \cost is 10 when P = 3, what is the firm's optimal price?

Answer Options

A. ₦10
B. ₦20
Correct Answer C. ₦30
D. ₦40
Correct Answer
C
Correct Option:
₦30

About This Question

This is Post Utme Achievers University 2025 Economics Question 13. It is one of the objective questions from the 2025 Post Utme Achievers University Economics examination.

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