Post Utme Babcock University 2022 Economics Question 37

Practice objective / multiple choice question 37 from the 2022 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2022 Economics Objective / Multiple Choice
Question 37 POST_UTME_BABCOCK_UNIVERSITY • 2022 • ECONOMICS • objective

A firm's marginal revenue (MR) and marginal \cost (MC) curves are given by MR = 100 - 2x and MC = 50 + x, respectively. What is the profit-maximizing level of output?

Answer Options

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

About This Question

This is Post Utme Babcock University 2022 Economics Question 37. It is one of the objective questions from the 2022 Post Utme Babcock University Economics examination.

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