Post Utme Afe Babalola University 2022 Economics Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2022 Economics Objective / Multiple Choice
Question 7 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2022 • ECONOMICS • objective

A monopolist faces a demand curve given by P = 100 - 2Q. The monopolist's marginal \cost (MC) is given by MC = 10 + 2Q. What is the monopolist's profit-maximizing quantity?

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 Afe Babalola University 2022 Economics Question 7. It is one of the objective questions from the 2022 Post Utme Afe Babalola University Economics examination.

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