Post Utme Al Hikmah University 2019 Economics Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2019 Economics Objective / Multiple Choice
Question 8 POST_UTME_AL-HIKMAH_UNIVERSITY • 2019 • ECONOMICS • objective

A monopolist faces a demand curve given by \( p = 100 - 2x \). If the firm's marginal revenue is ₦20, what is its 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 2019 Economics Question 8. It is one of the objective questions from the 2019 Post Utme Al Hikmah University Economics examination.

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