Post Utme Al Hikmah University 2018 Economics Question 32

Practice objective / multiple choice question 32 from the 2018 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2018 Economics Objective / Multiple Choice
Question 32 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's market structure is characterized by a demand function P = 100 - 2Q. If the firm's marginal \cost is ₦20, what is the firm's optimal output?

Answer Options

A. 20
B. 30
Correct Answer C. 40
D. 50
Correct Answer
C
Correct Option:
40

About This Question

This is Post Utme Al Hikmah University 2018 Economics Question 32. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Economics examination.

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