Post Utme Afe Babalola University 2025 Economics Question 2

Practice objective / multiple choice question 2 from the 2025 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2025 Economics Objective / Multiple Choice
Question 2 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A monopolist in Nigeria produces a good with a cons\tant marginal \cost of ₦100 and a price of ₦200. U\sing the concept of profit maximization, calculate the quantity of the good that the monopolist will produce.

Answer Options

A. 100 units
B. 200 units
Correct Answer C. 500 units
D. 1000 units
Correct Answer
C
Correct Option:
500 units

About This Question

This is Post Utme Afe Babalola University 2025 Economics Question 2. It is one of the objective questions from the 2025 Post Utme Afe Babalola University Economics examination.

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