Post Utme Al Hikmah University 2025 Economics Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2025 Economics Objective / Multiple Choice
Question 14 POST_UTME_AL-HIKMAH_UNIVERSITY • 2025 • ECONOMICS • objective

A monopolist faces a demand curve given by Q = 100 - 2P and a \cost function C(Q) = 2Q^2 + 10Q. U\sing calculus, find the profit-maximizing quantity and price.

Answer Options

A. (20, 40)
Correct Answer B. (30, 50)
C. (40, 60)
D. (50, 70)
Correct Answer
B
Correct Option:
(30, 50)

About This Question

This is Post Utme Al Hikmah University 2025 Economics Question 14. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Economics examination.

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