Post Utme Babcock University 2020 Economics Question 5

Practice objective / multiple choice question 5 from the 2020 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2020 Economics Objective / Multiple Choice
Question 5 POST_UTME_BABCOCK_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's demand curve is given by Q = 100 - 2P. The firm's marginal \cost curve is MC = 10. What is the firm's optimal price?

Answer Options

A. ₦25
Correct Answer B. ₦30
C. ₦35
D. ₦40
Correct Answer
B
Correct Option:
₦30

About This Question

This is Post Utme Babcock University 2020 Economics Question 5. It is one of the objective questions from the 2020 Post Utme Babcock University Economics examination.

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