Post Utme Afe Babalola University 2025 Economics Question 16

Practice objective / multiple choice question 16 from the 2025 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2025 Economics Objective / Multiple Choice
Question 16 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A monopolist's marginal revenue (MR) is given by the equation MR = 100 - 2x, where x is the quantity sold. If the monopolist's marginal \cost (MC) is 20, at what quantity will the monopolist stop producing?

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 2025 Economics Question 16. It is one of the objective questions from the 2025 Post Utme Afe Babalola University Economics examination.

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