Post Utme Babcock University 2020 Economics Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2020 Economics Objective / Multiple Choice
Question 27 POST_UTME_BABCOCK_UNIVERSITY • 2020 • ECONOMICS • objective

A monopolist faces a demand curve given by Qd = 100 - 2P and a \cost function C(Q) = 10Q + 100. If the firm produces 50 units, what is the profit?

Answer Options

A. ₦500
B. ₦1000
Correct Answer C. ₦1500
D. ₦2000
Correct Answer
C
Correct Option:
₦1500

About This Question

This is Post Utme Babcock University 2020 Economics Question 27. It is one of the objective questions from the 2020 Post Utme Babcock University Economics examination.

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